Court of Appeals for the Seventh Circuit July 12, 1994, Nos. 93-3458, 93-4001, 93-4002, 93-4015, 93-4075 and 94-1111 (Capital Cities/ABC, Inc. v. Federal Communications Commission)

POSNER, Chief Judge.

In 1970, the Federal Communications Commission issued “finsyn” (financial interest and syndication) rules designed to limit the power of the then three television networks (CBS, NBC, and ABC) in the market for television programs. The rules were upheld in Mt. Mansfield Television, Inc. v. FCC, 442 F.2d 470 (2d Cir.1971).