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FCC under Trump scraps TV ownership cap in major broadcast deregulation move

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The Federal Communications Commission under the Trump administration has eliminated the longstanding cap on television station ownership in the United States. The rule change grants broadcast companies and wealthy investors the ability to own a significantly larger number of TV stations than previously permitted. Critics, including media advocacy groups, argue the move will primarily benefit Trump-aligned billionaires seeking to expand their media holdings. The FCC's decision has drawn scrutiny because the ownership limit was originally established by Congress, raising questions about the agency's authority to override it.

Read the full story at Ars Technica

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FCC under Trump scraps TV ownership cap in major broadcast deregulation move · ShortSingh