But you can't separate the idea of Murdoch owning the WSJ from the fact that he owns so many other news outlets already.
Allen,
Actually, the number of Murdoch's U.S. news outlets is relatively small, even if you count the Fox News Network, which accounts for only a small sliver of the national television news audience.
It is my understanding that when the FCC reviews media acquisitions, they generally focus on the impact that it will have on local media properties. I would suggest that the WSJ is not competing at that level.
The reality is that if anyone other than Murdoch was acquiring the WSJ, nobody would raise an eyebrow.
Regards,
Glenn
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US newspapers and magazines
-- The Wall Street Journal
-- The New York Post
-- The Timesledger Newspapers in Queens, New York: Bayside Times, Whitestone Times, Flushing Times, Fresh Meadows Times, Little Neck Ledger, Jackson Heights Times, Richmond Hill Times, Jamaica Times, Laurelton Times, Queens Village Times, Astoria Times, Forest Hills Ledger, Ridgewood Ledger, Howard Beach Times
-- The Courier-Life Newspapers in Brooklyn
-- Caribbean Life
-- The Times-Herald Record
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