8 States Sue to Block Nexstar-Tegna Merger After FCC Approval
Eight states, including California, have filed an emergency motion to block the $6.2 billion merger between broadcasting companies Nexstar and Tegna, arguing it violates antitrust laws and will lead to higher consumer prices. Despite regulatory approval from the FCC and Department of Justice, which waived a rule limiting station ownership reach, critics like California Attorney General Rob Bonta contend the deal prioritizes corporate interests over the public. This consolidation would create the nation’s largest local TV station operator, raising concerns about reduced programming diversity, job losses, and increased cable bills.
John Q. Hosedrinker