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Monopoly move: The FCC voted Thursday to eliminate a cap on the size and reach of TV broadcasting companies. In a 2-1 vote, the FCC repealed a 22-year-old rule holding that a company cannot own stations that reach more than a combined 39% of the U.S. television audience.
FCC scraps limit on local TV ownership in win for media conglomeratesThe 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industrywww.theguardian.com