The commercial radio and television industry’s largest lobbying group has renewed its call for federal regulators to eliminate ownership caps that prevent monopolies among large broadcast groups.
In a letter sent to the Secretary of the Federal Communications Commission (FCC) this week, the National Association of Broadcasters (NAB) wrote that the agency’s continued use of a formula to determine on a quadrennial basis whether the federal ownership restrictions are still necessary is largely outdated in the era of “Big Tech.”