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Companies will not be able to access federal funding in dealings with Chinese telecoms groups
Overhauling the internet’s infrastructure would create jobs and reduce poverty
Chinese group’s lawsuit claims ban by telecoms regulator went beyond domestic remit
Welcome to Due Diligence, the FT’s daily deals briefing
Move comes as Americans are flooded with billions of robocalls a month
Head of US regulator recommends approval after telecoms groups make concessions
Regulator says approval would raise ‘substantial and serious’ national security risks
The outlook for both companies would be worse if they stayed independent
US industry had argued that scrapping Obama-era rules would unleash investment boom
FCC will have wide-ranging powers including ability to select next prime minister
Loosening of regulations on station ownership fuels wave of dealmaking
Washington move comes as state attempts to restore Obama-era provisions
Global policymakers are in a fierce battle to set the standards for next-wave internet
Move comes after Trump administration scrapped federal rules
The president vowed to drain the swamp but has handed the US to the highest bidders
Local television tie-up hit trouble after it was referred to FCC for review
President’s criticism of referral of Tribune takeover for legal review leaves FCC unmoved
Media group’s shares tumble as Pai orders review of proposed divestitures
FCC chairman says Sinclair would still control TV stations that were to be divested
Move comes amid broader attack on China’s international trade practices
Ajit Pai says ‘fear mongering’ will fade as he vows to tackle unfair behaviour
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