Proposed FCC Rule Would Limit Comcast's Growth

A proposed FCC rule would limit ownership of cable systems in the US to 30%, effectively barring Comcast from aquiring any other large cable company. From the LA Times:

FCC Chairman Kevin J. Martin circulated the proposed ownership cap to other commissioners Monday, said Rudy Brioche, a legal advisor to Commissioner Jonathan S. Adelstein.

The proposal resurrects rules the agency has sought to impose since 1992, when Congress authorized limits. Federal courts have struck the FCC’s efforts.

Comcast currently controls 27% of the cable market. The last time the FCC proposed this cap they got laughed out of court.—MEGHANN MARCO

Proposed FCC rule would limit Comcast [LA Times]
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