India, July 15 -- The Federal Communications Commission (FCC) will vote on August 6 to eliminate its long-standing national television ownership cap, a move that could allow broadcasters to significantly expand through mergers and acquisitions.
FCC Chair Brendan Carr said the current rule, which limits a single broadcaster from reaching more than 39 percent of U.S. television households, is outdated and prevents broadcasters from competing effectively with streaming platforms and technology companies.
Instead of a fixed ownership limit, Carr has proposed a case-by-case review process that would assess whether proposed deals serve the public interest.
The proposal is expected to pass, with the FCC's Republican majority supporting the meas...