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Thursday, July 24, 2003

Deregulatory PushmePullyou

Sallie Hofmeister in today's Los Angeles Times business section ("Media Owners May Have to Sell"):

A spending bill passed Wednesday by the House of Representatives includes a provision to block implementation—for one year—of a recent Federal Communications Commission decision allowing a single company to own stations that reach 45% of the nation's TV households, up from 35%.

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