Well, no. If you look at the text of the law itself (USSC 47 533 (f)) (http://www.law.cornell.edu/uscode/html/uscode47/usc_sec_47_00000533----000-.html), the FCC was given the power to "ensure that no cable operator or group of cable operators can unfairly impede, either because of the size of any individual operator or because of joint actions by a group of operators of sufficient size, the flow of video
programming from the video programmer to the consumer", among other provisions.
The court's position is that the 30% rule, which the FCC first adopted in 1993, no longer complies with the meaning of the Act because the marketplace has changed. The court cites, among other things, the growth of both dish services and the entrance of telephone companies into the television market. The court was also dubious of the methodology the FCC used to devise and defend the 30% rule. These are valid questions for a court to consider and completely within its remit.