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And it would come despite objections from an array of politically liberal and conservative critics who fear broad consolidation in the news and entertainment businesses.
Officials say the new rules will reshape the broadcasting landscape, opening the airwaves to new voices at a time when broad consolidation in the industry is reducing diversity.
In a sweeping regulatory blueprint unveiled last March, Treasury Secretary Henry M. Paulson Jr. proposed a broad consolidation of banking and financial agencies, including merging the Securities and Exchange Commission and the Commodity Futures Trading Commission.
The broad consolidation wave in business intelligence software, analysts say, will bring increasing price pressure on some segments of the industry as major companies seek to increase their share of the market.
The $20 billion video game industry is in the midst of a broad consolidation, and investors have been watching to see if two other important players, Electronic Arts and Microsoft, the maker of the Xbox console, will bid for Sega.
Capital projects are being cut by every operator and, after years of desperately searching for labour, lay-offs have begun.Some casino operators may have no alternative but to sell out to healthier rivals as part of a broad consolidation.
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The global auto industry is in the midst of a broader consolidation, with Fiat of Italy preparing to take a 20percentt stake in Chrysler.
Grayling is correct that the present government aims to finish off the project of educational privatisation, which is one part of a broader consolidation of neoliberalism that has been pursued by all previous Labour and Conservative governments since the late 1970s.
"This is part of a broader consolidation of banks and that is something that we should all be very, very concerned about," said Ira Rheingold, executive director of the National Association of Consumer Advocates.
Boeing, another big Pentagon contractor, said Tuesday that it would cut the number of executives in its military aircraft business by 10 percent as part of broader consolidation that will eliminate more than 400 jobs.
While the most immediate impact of the announcement bears directly on nuclear negotiations, which are supposed to resume Tuesday between Iran and the European Union, it also speaks to a broader consolidation of power for Mr. Ahmadinejad and his allies in domestic affairs.
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