Now we're actually getting somewhere.
The proposed merger between TV broadcasting giants Nexstar and Tegna had been the target of an antitrust suit by 8 states: California, Colorado, Connecticut, Illinois, New York, North Carolina, Oregon, and Virginia. We were worried we'd be stuck at 8, but now 5 more have joined the suit: Indiana, Kansas, Massachusetts, Pennsylvania, and Vermont. The suit is officially a bipartisan effort, drawing Democratic and Republican attorneys general alike.
One thing that helps the states' case is the fact that when the FCC and the U.S. Justice Department approved the merger, they didn't even follow the lax regulations that already existed on paper. They granted a waiver for the merger just for the asking, even though the rules don't allow it. What's the point of regulations if they can be waived at will?
Can I go out and run a red light and then ask for a waiver? Can I start stealing from Kroger and ask for a waiver? That's what this merger is like.
Wake up, Kentucky! Wake up, Ohio!
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