Anchorage Daily News, Alaska Knight Ridder/Tribune Business News
Jun. 20--WASHINGTON -- The Senate Commerce Committee voted Thursday to restore ownership restrictions that limit how media companies can merge and grow, aiming to counter a Federal Communications Commission decision to relax the rules earlier this month.
The proposed legislation would roll back changes allowing individual companies to own television stations reaching nearly half the nation's viewers and combinations of newspapers and broadcast stations in the same city. The bill also would