A key responsibility of the Federal Communications Commission (FCC) is to keep large media companies from acquiring too many local television stations in one market. But conglomerates have been doing just this through some legal trickery that the FCC has failed to address, according to a new report from Free Press, a public interest group.
"TV consolidation is out of control, and communities are paying the price," S. Derek Turner, who authored the report, said in a statement. "Companies are swallowing up stations at an alarming rate, often through deals that violate the law."