2005年八月，69家衛星廣播電視事業第一次換照結束，結果有7家不予通過， 支持者覺得這是應有 的退場機制，反對者認為政府黑手介入媒體，正反意見各有不同觀點。本研究將先從衛星廣播電視執照 管制的正當性說起，認為雖然沒有頻譜稀有性的問題，但目前的頻道產製與消費方式，造成市場失靈與 負面外部性問題，因此仍然需要主管機關過當的介入。不過反思這次換照的過程，為避免過多人為干預 疑慮，其間確實有許多可以改進的空間，色括：衛星廣播電視審查委員的聘任過程可以更透明，讓更多 民間團體有機會參與，而不是完全來自新聞局長的權力；同時評分標車可以更其禮，色括清楚的扣分換 算比例，避免太多審查委員個人主觀認定；在處分的過程應循序警告、罰鍰、連續處罰、停播到最後的 註銷執照許可，而非先前執法怠惰，換照時又嚴格審查；而所有罰則過程需更多元的公民代表參與公聽 會討論，以形成其體個案，讓政府介入管制可能造成的寒蟬效應降到最低;最後，需要在平時即落實這 些相關罰是主與停播處份，才不會讓NCC的「撤換分離」政策流於形式，再度成為政府失靈的問題。

There were 69 satellite broadcasting television company facing licenses renewal on August 2005 and as the result, seven of them did not pass. Some people think the institution had the right to regulate the structure of market; others disagree the government interfering with the freedom of media. Because of the market failure and negative externalities, this research considers that the government still needs to properly regulate the structure and content of the satellite television industry. However, in order to reduce the ‘chilling effect’ of the marketplace of ideas, independent evaluation committee, more citizen participation, concrete review standards and procedures were recommended in the process of terminating a license Under those circumstances, the policy goal of NCC's "displacement and renewal" could possibly succeed.