In a forceful filing submitted Wednesday to the Federal Communications Commission (FCC), Newsmax Media, Inc. strongly opposed any effort to raise or eliminate the national television ownership limit — commonly known as the “Horizontal Ownership Cap.”

The independent media company warned that loosening current rules would stifle media diversity, diminish local news coverage, and consolidate political power over information distribution in the hands of a few major corporate players.

Newsmax’s filing comes in the wake of the FCC decision last month to review the Horizontal Ownership Cap.

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