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FCC Rule Change Would Allow More Broadcast Mergers, but It's Not Clear the FCC Has That Power.
['Joe Lancaster', 'J.D. Tuccille', 'Charles Oliver', 'Hunt Beaty', 'Elizabeth Nolan Brown', 'Peter Bagge']
Reason.com
This week, the Federal Communications Commission (FCC) voted to abolish a rule that limited how many broadcast TV stations a single person or company can own.
Some fear the new move will let President Donald Trump's supporters monopolize broadcast TV.
But if the rule change happens, it's not as big of a problem as it may seem.
"Broadcast stations are subject to competition from cable and [satellite], and they face increased competition for viewers, advertising revenues, station network affiliations, and programming.
But it's also hard to imagine that broadcast TV, at this point in time, must still be regulated in ways that none of its other competitors are.