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Wall Street Journal: A federal appeals court rebuked the Federal Communications Commission on Wednesday over the agency’s years-long delay in updating its media-ownership rules. In a sharply worded ruling, the Third U.S. Circuit Court of Appeals in Philadelphia threatened to toss out the government’s ownership rules altogether if the FCC doesn’t get its effort on track. “This remedy, while extreme, might be justified in the future if the Commission does not act quickly to carry out its legislative mandate.”