Justice will take lead in review of Comcast-NBC Universal merger
The Justice Department is taking the lead in the regulatory review of the proposed Comcast-NBC Universal mega media deal, my colleague Cecelia Kang is reporting, indicating that federal regulators are interested in the possible antitrust implications of the tie-up.
The Federal Communications Commission also will review the deal to make sure it doesn't violate any of the agency's media ownership rules.
Both agencies are expected to approve the deal, which will spin off NBC Universal from its parent company, General Electric, but with some conditions, most likely requiring Comcast to guarantee delivery of NBCU content to rival distribution companies.
The review likely will take at least one year.
-- Frank Ahrens
Follow me on Twitter at @theticker
By
Frank Ahrens
|
January 6, 2010; 3:44 PM ET
Categories:
The Ticker
| Tags: Comcast, FCC, General Electric, Justice Department, NBC Universal
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