Federal law requires applicants with excessive foreign ownership to file a petition for declaratory ruling at the same time that they seek FCC approval for the relevant license transfers, they must then complete that process before the FCC can approve the assignment of licenses, and that process must enable Executive Branch agencies with national security and specific policy expertise to weigh in.
Carr continued, “Did they obtain approval from the FCC for their excessive foreign ownership? No, they did not. Did the Applicants afford the Executive Branch agencies with national security and relevant policy expertise an opportunity to consider their application as well as the source and amount of foreign investment? No, they did not. […]