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Features of the orginal document layout such as columns, tables, line and letter spacing, pagination, and margins will not be preserved in the text version. If you need the complete document, download the Word97, or Adobe Acrobat versions, if available. In the 1996 Telecommunications Act, Congress eliminated the limit on the number of radio stations a single entity could own nationally and significantly relaxed the limits the Commission had placed on ownership of radio stations in a local market. As a result, we have witnessed unprecedented consolidation in the radio industry. The process was intended to scrutinize certain applications more closely and subject those transactions to further competitive analysis.