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Important to every radio station are recent actions of the FCC. Some of the Commission’s actions are of especial interest to the educational broadcasters. Briefly, some recent actions include: Preparatory to the reallocation of standard broadcast stations as a result of the recently ratified Rorth American Regional Broadcast Agreement, the FCC has suspended its yearly license basis and is terminating licenses on August 1. It now appears that the realloc¬ ation will take place on this date. The FCC ordered the revocation of licenses of five Texas stations because of the applicants failure to make full disclosure to the FCC concerning ownership, management, financing and control of stations. The Commission has transmitted to the Department of Justice the facts concerning the Turns "Pot o’ Gold" program, broadcast over the NBC network, and a program advertising Mead’s Bakery, recently broadcast by stations KWFT and KBST at Wichita Falls and Big Springs, Texas, respectively. "The Federal Communications Commission is under no duty to protect licensees of existing radio broadcasting stations from competition, in passing upon an application for a permit for a new station", asserts the Federal Communications Commission in a brief filed with the United States Supreme Court . contesting judgment of the United States Court of Appeals for the District of Columbia in the case of Sanders Brothers radio station WKBB, Dubuque, Iowa, v. F.C.C. "The basic theory upon which broadcast licensee have always been allocated is that competition Is essential to the maintenance of high-quality programs," avers the Commission, explaining: "This is because competition among stations for advertisers means competition among stations for listeners and this in turn means rivalry to present the highest quality programs. Thus the character of radio presentations, and therefore the public Interest, is largely dependent on competition." The Commission points out that this view was stressed by the former Federal Radio Commission in an early report to Congress and more recently was expressed in the case of Spartanburg Advertising Company when the Commission declared that "neither the license now enjoyed by petitioner nor any provision of the Communications Act of 1934