FCC’s Carr Threatens to Block M&A for Companies With DEI (2)

The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr.

The move could threaten billions of dollars worth of deals in the communications sector, with Carr specifically mentioning Paramount Global’s merger with Skydance Media, Verizon Communications Inc.’s acquisition of Frontier Communications Parent Inc., and T-Mobile US Inc., which is seeking to purchase of US Cellular Corp.’s wireless operations and some of its spectrum assets.

Brendan Carr.

Photographer: Kent Nishimura/Bloomberg

“Any businesses that are looking for FCC approval, I would encourage them to ...