[Translator Reform] Caps: Why was no per-market cap proposed?

NOTE: This answer relates to a rule proposed by REC and does not reflect current regulations in effect:

We considered the prior per-market caps of 1 and 3 applications that were enacted post-2003, but because of the rural nature of portions of some counties in a designated market, we felt that the rule would be too restrictive and burdensome to administrate. Other proposed rules such as the assignment/transfer rule, closing the NCE Loophole, the 50/70 cap as well as the core urban grid protection of LPFM opportunities will be sufficient to control trafficking and assure future LPFM and FM translator opportunities.