FCC ends 39% local TV station ownership cap
The FCC voted 2-1 to lift the cap in favor of a case-by-case approach. The FCC's Democrat said the proposal was illegal, arguing only Congress can lift the cap.
Overview
The FCC voted 2-1 to lift the cap in favor of a case-by-case approach. The FCC's Democrat said the proposal was illegal, arguing only Congress can lift the cap.
Source
Originally published at www.cnbc.com.
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