Sec. 25.525  Action upon applications.

    No application filed under this subpart will be granted by the 
Commission earlier than 20 days following issuance of public notice by 
the Commission of the acceptance for filing of such application or any 
substantial amendment thereto. Any interested party may file comments 
with respect to the application (or amendment thereto) within this 20-
day period. Such comments must also be served on the applicant who shall 
be afforded 10 days in which to file reply comments. If upon examination 
of any such application (or amendment thereto) together with any 
comments filed with respect thereto

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the Commission is unable to make a finding that a grant of authorization 
will be consistent with the public interest, convenience, and necessity, 
it will deny the application or institute such further proceedings as in 
its discretion appear appropriate.