Senators blasts F-C-C ruling
Capitol Hill-AP -- Senators from both parties are blasting the F-C-C's decision to let big companies increase their media holdings. Senator Byron Dorgan calls the decision "dumb and dangerous," and warns it will result in "an orgy" of mergers and acquisitions. He says it will mean less diversity and will result in a system with many stations, but just "one ventriloquist."
Senator Trent Lott says allowing one company to dominate the print and broadcast media in one city or market isn't fair to the people who live there.
Senator Ernest Hollings, meanwhile, says "greed" is the main reason for the ruling.
Dorgan and other lawmakers say they'll try to get Congress to block the new ownership rules from going into effect.
Copyright 2003 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
