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Nexstar's Tegna Merger: A Threat to Local News Diversity
Nexstar Media Group aims to acquire Tegna, but a federal rule limiting station ownership to 39% of American homes poses a challenge. Nexstar lobbies to scrap this rule, arguing it would help combat Big Tech dominance. The FCCs chairman suggests revisiting the rule, but President Trump opposes it. Critics warn that lifting the rule could lead to monopolistic practices, harming local news diversity and consumer choices. Congress is urged to intervene and protect the open marketplace of ideas.
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Published on 1 day, 11 hours ago