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unhappycamper

(60,364 posts)
Sun Aug 24, 2014, 09:24 AM Aug 2014

FCC gears up review of Comcast takeover of Time Warner Cable

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-fcc-review-comcast-time-warner-cable-20140822-story.html



FCC gears up review of Comcast takeover of Time Warner Cable
By Meg James
8.22.2014

Comcast Corp.'s proposed $45-billion takeover of Time Warner Cable is receiving new scrutiny amid protests from consumer groups who are demanding state and federal regulators block Comcast's ambitions to grow.

The Federal Communications Commission on Thursday asked Comcast to provide detailed business information about its cable TV systems, its Internet service and arrangements that Comcast has with outside companies that deliver Internet traffic to Comcast's already vast network.

The government is not expected to decide whether to approve the proposed merger between the nation's No. 1 and No. 2 cable companies until January. However, the FCC has picked up the pace of its review of the complex transaction.

Monday is the deadline for individuals to file comments with the regulatory group regarding the proposed merger.
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