Federal Communications Commission chair Brendan Carr has expressed concern that deals like Paramount's merger with Skydance and Verizon's acquisition of Frontier Communications could be jeopardized due to their Diversity, Equity, and Inclusion (DEI) policies. Carr stated that any company promoting discriminatory DEI initiatives may find it challenging to receive regulatory approval, emphasizing the necessity for practices that align with the public interest. His comments reflect a broader trend within the Trump administration to target DEI programs across major companies, which could reshape business strategies moving forward.
Brendan Carr has indicated that federal regulatory approvals for major corporate deals could be jeopardized if companies do not end what he describes as DEI discrimination.
Carr emphasized that the FCC's mandate includes ensuring transactions serve the public interest, hinting that DEI practices may hinder approvals.
Collection
[
|
...
]