Comcast and Time Warner Cable to Meet With DOJ to Negotiate Merger

Apparently, Comcast and Time Warner Cable are preparing to meet with Department of Justice officials April 22 to negotiate possible concessions that could ease regulators’ concerns about the cable giants merging. The meeting would mark the first time the cable behemoths have sat down with regulators to try to hash out potential remedies in the more than 14 months since the $45.2 billion deal was announced.

Staffers at both the Justice Department and the Federal Communications Commission remain concerned the combined firm would wield too much power in the Internet broadband market and give it unfair competitive leverage against TV channel owners and new market entrants who offer video programming online. he Justice Department, which evaluates antitrust concerns, and the FCC, which must decide if the deal is in the public interest, are nearing the final, crucial stages of scrutinizing the acquisition. Discussions on potential remedies would be an indication that the agencies haven’t yet made a firm or final decision on the merger. But this meeting could be the first of many, and it’s also not clear whether the companies can offer concessions that will satisfy regulators.


Comcast and Time Warner Cable to Meet With DOJ to Negotiate Merger