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The US has a long history of banning foreign-owned media; newspapers, radio stations and tv stations have been the traditional targets. The Federal Communicatio
by nozzlegear 2y ago
The US has a long history of banning foreign-owned media; newspapers, radio stations and tv stations have been the traditional targets. The Federal Communications Act set limits on foreign ownership of broadcast licenses by prohibiting foreign entities from owning more than a certain percentage of a broadcast licensee. This is actually a large part of the reason Rupert Murdoch, owner of Fox News, decided to become an American citizen.
Laws banning the foreign-ownership of influential apps seem like the modern day progression of the original FCA.