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  • FCC grilled on media-ownership vote - Powell offers spirited defense, cites court rulings

    06/05/2003 8:47:45 AM PDT · by BOBTHENAILER · 14 replies · 110+ views
    CBS MarketWatch ^ | June 4, 2003 | Jeffry Bartash
    WASHINGTON (CBS.MW) - A top federal regulator on Wednesday defended a controversial vote to ease ownership limits on media companies, saying he was forced to take action in the wake of a string of court defeats. Michael Powell, chairman of the Federal Communications Commission, told a panel of mostly critical U.S. senators that the old regulations could not withstand legal scrutiny. The new rules stood a better chance of being upheld, he said. "I believe we did our job, and indeed that we did it well," Powell asserted at a hearing sponsored by the Senate Commerce Committee. All five FCC...