House Members Frown On FCC's Ownership Rules

Law360, New York (March 17, 2008, 12:00 AM EDT) -- A team of members of the U.S. House of Representatives has joined fellow senators in a bid to thwart the widespread consolidation expected to come from the Federal Communications Commission's new media cross-ownership rules.

Just over a week after a group of senators introduced a rarely used weapon known as a “resolution of disapproval,” five representatives unveiled a companion bill in the House on Thursday.

“Consolidation already has brought us to the point where two companies control over 70% of the market revenue in an average...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.