It appears to have been a petition to the FCC by a company going through bankruptcy. The expected necessary foreign investment is 33% (up from the 25% rule).
Even with the altered ruling, any foreign investment in the future OVER 25% MUST petition and receive approval from the FCC.
The thing that has changed is the allowable cap.
So it's not unregulated, but could be corrupted with a willing board in the future.
I read the ruling.
It appears to have been a petition to the FCC by a company going through bankruptcy. The expected necessary foreign investment is 33% (up from the 25% rule).
Even with the altered ruling, any foreign investment in the future OVER 25% MUST petition and receive approval from the FCC.
The thing that has changed is the allowable cap.
So it's not unregulated, but could be corrupted with a willing board in the future.
So, like, tomorrow...
👍
Oh good. Make them petition. There's no way that could lead to corruption and bribery.
How in the ever living FUCK did this happen...
Worst case scenario? Could it be worse than it is now, lol,?
I mean, if they were all owned by communist China even the cucks would know its propaganda...
That's one way of looking at it, it's not that cut and dry. Typical over-hype.
Honestly, I thought China already owned MSM 100%. Seriously. Not even being snarky here.