Comcast Wins Appeal of FCC’s Cable Market-Share Limit

Bloomberg reports:

Comcast Corp., the biggest U.S. cable-television provider, won a legal victory as a court threw out a rule limiting cable companies to 30 percent of the market.

The Federal Communications Commission failed to fully consider competition from companies such as DirecTV Group Inc. and Dish Network Corp., the U.S. Court of Appeals in Washington said. It called the FCC’s action “arbitrary and capricious” and vacated the rule.