Kevin Martin insists to the Washington Post that the commission vote on ownership was a “relatively minor loosening” of a single rule.
The Post covered Martin’s defense against criticisms about the cross-ownership rule change.
“The chairman was also criticized for granting waivers to a number of existing cross-ownership arrangements. Martin says the loopholes are actually exceptions that create a high hurdle for such combinations to be approved in markets that are not among the 20 largest in the nation.”