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,

FCC Chair Brendan Carr says active DEI programs may block broadcast transactions, putting radio and TV operators on notice.

Paramount Global and other companies trying to gain the government's blessing for mergers must eliminate DEI policies, FCC Chairman Brendan Carr said.