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Story summary
- The National Association of Broadcasters (NAB) urged the FCC to eliminate local radio ownership restrictions, saying they hinder competition.
- NAB says current caps curb investment and innovation and have coincided with declines in audience and advertising revenue.
- The FCC is reviewing comments as part of 2022 Quadrennial Review, while the National Religious Broadcasters support limited deregulation and the National Association of Black Owned Broadcasters oppose it.
