I must say I dissagree with this. If the media was guided by the public then I highly doubt there would be this many reality telivision shows.
You're kidding yourself. That's the biggest reason to prove that the public guides the media. A stupid idea like reality TV should never have taken off unless people started to watch the crap. Why do you think there are sooo many cop shows around in various forms? That's right, because people like to watch them.
Those were simply the forerunner for todays laws on fraud and misrepresentation. You need to understand that those didn't exist back then so they singled out certain professions that were known to be dodgy.
Those laws are being removed because they are redundant, not because they were inherently silly.