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... FCC Chairman Brendan Carr has already treated the rule as more of a suggestion. In March, the Carr FCC granted a waiver allowing Nexstar Media Group to buy Tegna in a deal that let it reach over half of TV households. The Carr FCC argued that Congress gave it authority to modify or waive the rule.

Carr now plans to repeal the 39 percent limit and replace it with a "case-by-case review" of each proposed merger, the chairman announced today in an op-ed published on Breitbart.

The change would make it easier for the FCC to pick and choose which station groups get to surpass the limit.

Under Carr, this would likely benefit news companies that provide favorable coverage for President Trump. ...