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No DEI allowed for US mergers and acquisitions, says the new FCC chair

by Investor News Today
March 24, 2025
in Technology
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No DEI allowed for US mergers and acquisitions, says the new FCC chair
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Federal Communications Fee chair Brendan Carr stated firms searching for regulatory approval ought to “get busy ending any kind of their invidious types of DEI discrimination,” based on an interview with Bloomberg. Carr reportedly introduced up Paramount’s merger with Skydance, Verizon’s buy of Frontier Communications, and T-Cell’s plans to accumulate most of US Mobile as potential offers that might be affected.

“We will solely below the statute transfer ahead and approve a transaction if we discover that doing so serves the general public curiosity,” Carr informed Bloomberg. “If there’s companies on the market which can be nonetheless selling invidious types of DEI discrimination, I actually don’t see a path ahead the place the FCC may attain the conclusion that approving the transaction goes to be within the public curiosity.”

Together with taking motion towards firms with DEI insurance policies, Carr introduced a “sweeping investigation” into the US operations of China-based firms beforehand positioned on the FCC’s “Coated Checklist,” corresponding to Huawei, ZTE, and China Telecom.

The FCC will look into every firm’s “present ranges of operations” within the US, as Carr says the FCC has “purpose to consider… some or all of those Coated Checklist entities try to make an finish run round these FCC prohibitions by persevering with to do enterprise in America on a personal or ‘unregulated’ foundation.”

Disclosure: Comcast can be an investor in Vox Media, The Verge’s mum or dad firm.



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