This is what happens in markets without a functional regulatory body - when the regulator turns into a market participant. It’s closer to a jungle than anything else.

> This is what happens in markets without a functional regulatory body

It's almost more that we have semi-functional regulation. Trump's influence over this transaction entirely stems from his antitrust powers.

This really isn’t the free market, this is de facto cartels when like 90% of media properties are owned by 3 or 4 companies.