I get why they're worried but allowing them to own more stations in a market is not the solution. Of course that's what they want. Imagine if Rogers or Bell owned everything. (Oh, right, they already do.)
How'd it work out with radio in the U.S., where Audacy and Cumulus own multiple stations in a market?
The radio is cookie-cutter, bland and done on the cheap. He can be a tad eccentric at times, but give me a Buddy Shula any day. (He owns WECK in Buffalo, a fiercely independent local outlet.) He has one station, maybe an interest in a second, but at least his programming offers a unique choice. Unlike the syndicated offerings you'll find much of the day on WBEN and WGR, both Audacy stations and both as predictable as yesterday's weather.
Less ownership is better than more for the audience. But of course, that won't be what happens.