A declaratory ruling that could lead to a...
A declaratory ruling that could lead to a loosening of restrictions against foreign ownership of U.S. broadcast stations could in turn lead to less restrictions against U.S. broadcast companies in foreign markets, said NBCUniversal in an ex parte letter Thursday…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
(http://bit.ly/1auozGM). The proposed declaratory ruling is on the agenda for the commission’s Nov. 14 open meeting (CD Nov. 4 p7). The FCC should include a statement in the ruling “expressing the commission’s hope that this action will spur foreign governments to open their own media markets to greater investment by U.S. companies,” said NBCU. The company also said it “supports initiatives that will increase the flow of capital to U.S. companies."