Silicon Alley Silicon Alley Silicon Alley, centered around the Flatiron district in Manhattan, is an area of high tech industries. The term was coined in the 1990s during the dot-com boom, as a reference to <nowiki>"Silicon Valley", the tech center in California. As the New York tech industries began a revival around 2003, the businesses spread outside of Manhattan making the term 'Silicon Alley'</nowiki> somewhat obsolete. , New York City hosted 300,000 employees in the tech sector. In 2015, New York generated over US$7.3 billion in venture capital investment. High technology startup companies and employment are growing in New York City and
Concentration of media ownership between undertakings as part of European competition legislation covered also media concentration cases. The need for sector-specific regulation has been widely supported by both media scholars and the European Parliament. In the 1980s, when preparing legislation on cross-border television many experts and MEPs argued for including provisions for media concentration in the EU directive but these efforts failed. In 1992, the Commission of the European Communities published a policy document named "Pluralism and Media Concentration in the internal Market – an assessment of the need for Community action" which outlined three options on the issue of media concentration regulation at