Mass media loses bid to further stifle competition

This is good news. SCOTUS may have blown it on the Raich decision but they got it right on media consolidation.

The U.S. Supreme Court has rejected effort by large broadcasters to skirt federal limits on how many TV stations or newspapers they can own. The court turned aside without comment appeals from media giants such as Tribune Co., News Corp. and Viacom in a decision that represents a victory for consumer groups. Media companies say the rules are outdated in the age of the Internet, but critics warn that excessive industry consolidation would harm consumers.

Indeed. It already has harmed the public as the current miserable dearth of investigative reporting would illustrate. It seems unlikely that even less competition would improve coverage.