Some government regulations have become outdated. Others become absurd. The FCC’s national television ownership cap has become both. For decades, Washington banned local television broadcast groups from reaching more than 39% of American households. The rule was built for a media world from the last century — a world of limited viewing options, a handful of networks, a captive audience with nowhere else to turn.

That world no longer exists.

Americans now get news, information, and entertainment from countless sources: YouTube, Netflix, TikTok, Facebook, Instagram, X and also traditional TV. They consume content from global companies with…

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