With the prying eyes of Faultline laid to rest for a couple of weeks, the holiday period is a great opportunity for powerful entities to let slip their most unfavorable decisions. We returned to our desks to find that the FCC has quietly concluded its 2018 review of network and local TV station regulations, only to find that nothing should be changed. It is easy to poke fun at the half-decade timeline, but the sluggish pace of this review has clearly warped the FCC’s conclusion, which is rooted in a world gone-by. The FCC has found that the current limits on network and local station ownership must remain to maintain competition and localism among US cable TV services. This means…