The FCC chose to end it for the reasons I mentioned. The equal time rule has so many exceptions that it might as well not exist. Also, to my knowledge, it has

The FCC chose to end it for the reasons I mentioned. The equal time rule has so many exceptions that it might as well not exist. Also, to my knowledge, it has not been extensively reviewed by the Supreme Court on constitutionality grounds, probably because of those exceptions that mean there's never really a case to fight over. The one case I could find wasn't fighting the rule itself, but rather it's interpretation.