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    Home»Economy»Not the precedent I have been looking for
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    Not the precedent I have been looking for

    Press RoomBy Press RoomMarch 23, 2025No Comments1 Min Read
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    The Federal Communications Commission is prepared to block mergers and acquisitions involving companies that continue promoting diversity, equity and inclusion policies, FCC Chairman Brendan Carr said Friday.

    President Donald Trump has ordered federal agencies such as the Justice Department to draw up lists of companies, nonprofits and other organizations to target over “illegal DEI efforts,” which the administration has defined broadly. Now Carr is signaling that persisting with DEI could negatively affect media and communications companies’ dealmaking prospects.

    “Any businesses that are looking for FCC approval, I would encourage them to get busy ending any sort of their invidious forms of DEI discrimination,” Carr said in an interview with Bloomberg News on Friday.

    He specifically cited Paramount’s planned merger with Skydance Media and Verizon’s deal to acquire Frontier Communications.

    Here is the full WaPo article.

    The post Not the precedent I have been looking for appeared first on Marginal REVOLUTION.



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