FCC launches review of rules on network mergers, local station ownership

The FCC launched a new review of its media ownership limits, amid broadcasters’ lobbying push to modernize the restrictions in the face of competition from tech giants.

The agency voted to take public comment, including on a rule that limits a company from owning more than two stations in a market, and a restriction on mergers between any two of the four major broadcast networks. Such a review — with the prospect of modifying or eliminating the rules — is mandated by Congress every four years.

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