More hearings in works for Comcast-NBC Universal merger
On top of a planned hearing by a Senate Judiciary subcommittee, other House and Senate panels are gearing up for their own reviews of Comcast's $30 billion merger with NBC Universal, according to sources.
The sources said the House communications, technology and the Internet subcommittee is planning its own hearing scheduled around the same time as one planned by the Senate Judiciary's antitrust, competition policy and consumer rights subcommittee.
That hearing, as reported, will take place in late January or early February. It will focus on how the merger would affect competition for online video providers and service fees for consumers.
To move forward on their merger, Comcast and NBC Universal need the approval of antitrust watchdogs at the Justice Department or Federal Trade Commission. The Federal Communications Commission will also scrutinize the merger for its impact on the public. Hearings by lawmakers may influence the thinking of those agencies.
January 6, 2010; 8:00 AM ET
Categories: Antitrust , Comcast , FCC , FTC , Online Video
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