Senate Votes To Block FCC Ownership Rules

Law360, New York (May 16, 2008, 12:00 AM EDT) -- A “resolution of disapproval” criticizing the U.S. Federal Communications Commission's controversial media cross-ownership rules was passed Thursday by the Senate on a voice vote, although the measure faces a likely presidential veto.

The resolution, co-sponsored by Sen. Byron L. Dorgan (D-N.D.) and 24 other senators, aims to prohibit the FCC from putting the new rules into effect. The rules were passed by the FCC in December and would overturn a 32-year-old measure that bans companies from owning both a broadcast station and a daily newspaper in...
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.