that General Tire conditioned its dealings with certain vendors on the basis that they would in turn buy advertising time on RKO stations. Arrangements of this type, known as "reciprocal trade practices," are considered to be anti-competitive. RKO and General Tire executives testified before the FCC, rejecting the accusations. In 1969, the commission issued an initial finding that Fidelity's claims were correct. That same year, RKO faced a license challenge for WNAC-TV in Boston, again charged with reciprocal trade practices. In 1973, the FCC ruled in favor of RKO in the Los Angeles case, pending findings in the still ongoing investigation of the Boston charges. When RKO applied for renewal of its license for WOR-TV in New York in 1974, the FCC conditioned this renewal on the Boston case as well. In 1969, the Canadian government decided that Canada's radio and television stations should be at least 80% Canadian owned. RKO was not interested in a minority stake. Therefore, in 1970, they sold CKLW-AM-FM-TV to a joint venture of Baton Broadcasting and the CBC. In 1975, the partnership was split with Baton taking over the radio stations and the CBC taking over the television station, with the call letters changed to CBET. On June 21, 1974, an administrative law judge renewed the WNAC-TV license despite finding that General Tire and RKO had engaged in reciprocal trade practices. In December 1975, Community Broadcasting, one of the companies competing for the Boston station, asked the FCC to revisit the case, alleging that General Tire bribed foreign officials, maintained a slush fund for U.S. political campaign contributions, and misappropriated revenue from overseas operations. RKO expressly denied these and other allegations of wrongdoing on General Tire's part during a series of proceedings that followed over the next year and a half. On July 1, 1977, however, in settling an action brought by the Securities and Exchange Commission (SEC), General Tire admitted to an eye-popping litany of corporate misconduct, including the bribery and slush fund charges. Nonetheless, the RKO proceedings dragged on. The loss of WNAC-TV After a half-decade in the most recent round of hearings and investigations, the FCC stripped RKO of WNAC-TV's license on June 6, 1980, finding that RKO "lacked the requisite character" to be the station's licensee. Factors in the decision were the reciprocal trade practices of the 1960s, false financial filings by RKO, and the gross misconduct admitted to by