lool
“As reported by the New York Times, the investigation is focused on Pai’s decision to relax rules limiting the ownership of television stations by a single company. Pai reinstated a technologically obsolete rule known as the UHF discount, giving some television stations less weight in calculating whether a single owner exceeds a legal cap limiting its reach to 39% of the U.S. population.
That rule change effectively creates a loophole that would allow Sinclair’s planned $3.9 billion acquisition of Tribune Media, which would put Sinclair stations in 72% of U.S. households. That would represent a historic level of media consolidation, which has long been criticized as a threat to healthy democratic discourse. Despite the spread of online news, television is still the dominant source of news for Americans.”
Well