Federal Communications Commission Chairman Brendan Carr has publicly defended the agency's review approving Skydance Media's acquisition of Paramount Global. He characterized the approval as routine and in the public interest.
Carr's defense comes amidst political scrutiny and criticism regarding the merger's approval process. His statement aims to reinforce the integrity and standard procedures of the FCC's decision-making.
This public support from the FCC Chairman helps to counter negative narratives surrounding the merger. It provides reassurance to investors that the regulatory process was sound and the deal's approval stands firm.
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