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FCC removes TV broadcasters’ market share cap, opening the way for bigger mergers

By David Zimmermann
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The Federal Communications Commission removed the market-share cap on television broadcasters in an expected 2-1 vote on Thursday, potentially opening the door to bigger mergers.

The commission rule previously prohibited any media company from owning TV stations that reach more than 39% of households in the United States. The FCC will now review proposed acquisitions of TV stations on a case-by-case basis.

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Antitrust Federal Communications Commission Markets Media Mergers and Acquisitions