Take the following as truth: The Commission believes that these estimates greatly overstate the number of small entities affected and reserves the right to adopt a more suitable definition of small business as applied to television broadcast stations at a later date following the conclusion of several pending proceedings at the Commission seeking comment on the definition of and data relating to small businesses and compliance with section 601(3) of the Regulatory Flexibility Act.
Then the following statement: "The Commission believed that the number of small entities being affected was vastly understated." is true, false, or inconclusive?
Answer: False