U.S. FCC to launch 'comprehensive review' of media regulations

Reuters: Federal Communications Commission Chairman Ajit Pai on Tuesday said the top U.S. telecommunications regulator will launch a "comprehensive review" of regulations that restrict consolidation among media companies, potentially opening the door to a new wave of deals among broadcasters and newspapers.

At a speech to broadcasters in Las Vegas, the FCC chief said the commission will vote on May 18 to start the review. He noted that close to 1,000 pages of media regulations are on the books.

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