Arbitron Inc. (NYSE: ARB) announced todaythat it has filed comments with the Federal Communication Commission opposing a petition to the FCC that asks for an investigation into the Arbitron Portable People MeterTM radio ratings service. Arbitron cited extensive precedent in which both Congress and the Commission have previously recognized that the FCC lacks authority to regulate audience ratings.Both Congress and the Commission have expressly stated that the reliability and methodologies of audience ratings services are bestleft to private industry groups such as the Media Rating Council, Inc.,or MRC. Arbitron also observed that the petition is replete with misstatements of facts,unsupported speculation, and overheated rhetoric. The company maintains….
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