The US Federal Communications Commission (FCC) may block mergers and acquisitions involving companies with “invidious” diversity, equity, and inclusion (DEI) policies, according to Chairman Brendan Carr. This move could affect billions of dollars worth of deals in the communications sector. Specifically, Carr mentioned blocking Paramount Global’s merger with Skydance Media, Verizon Communications’ acquisition of Frontier Communications Parent Inc., and T-Mobile US Inc.’s purchase of US Cellular Corp.’s wireless operations. The FCC chairman’s stance has significant implications for companies in the industry, sparking concerns about potential blockades to M&A deals.
Source: https://www.bloomberg.com/news/articles/2025-03-21/fcc-s-carr-threatens-to-block-m-a-for-companies-with-dei-plans