While I hesitate to presume any logic on the part of government agencies, I don’t see a problem. I would assume the answer is that the specific facts of each individual case are considered, rather than applying a blanket “all mergers are bad/good”.
Net Neutrality: impinges on profits of big telecoms.
Sinclair: amazing opportunity to simultaneously reward a major republican donor and disseminate overtly biased, conservative talking points in millions of American homes.
ATT: great opportunity to kneecap CNN, which the President hates.
You have a good point, but don't kid yourself with "overtly biased, conservative talking points".
There is little to no truly balanced and fact-oriented media. Obviously, except for those perceived as such by their respective viewers on either side of the political spectrum.
