ISSUE:
Whether the district court erred in dismissing National Broadcasting Co.’s actions to enjoin the FCC from regulating chain broadcasting practices?
RULE:
The criterion governing the exercise of the Federal Communications Commission's licensing power is the public interest, convenience, or necessity. In addition, the Communication Act section 307(b) directs the Federal Communications Commission that, in considering applications for licenses and modifications and renewals thereof, when and insofar as there is demand for the same, such distribution of licenses, frequencies, hours of operation, and of power among the several states and communities shall be made as to provide a fair, efficient, and equitable distribution of radio service to each of the same.