Broadcasters Withdraw Recon Petition for Political Ad Rate Disclosures

A group of broadcasters withdrew a 2012 petition for reconsideration that had challenged rules requiring disclosure of political ad rate information, said a withdrawal filing posted online Friday. "It is axiomatic that disclosure of price information is anti-competitive and disrupts markets," said the original petition jointly filed by Cox Media, Dispatch Broadcast, E.W. Scripps, Gannett, Hearst, Media General, Meredith, Graham Media, Raycom and Schurz Communications. An attorney representing the broadcasters in the proceeding didn't comment.