The outcome of ABC’s legal battle with the Federal Communications Commission could set a landmark precedent around press freedom and the role businesses play in supporting American democracy. Why it matters: The FCC’s efforts to target broadcasters deemed critical of the president speak to a broader trend of regulatory agencies losing or conceding power to the executive branch during the Trump era.FCC chair Brendan Carr has suggested his agency isn’t independent and that commissioners who are supposed to independently regulate broadcasters are ultimately governed by the president.State of play: Carr is targeting late-night and daytime talk shows…
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