FCC puts off one deadline on Comcast-NBC merger, prolonging review
The Federal Communications Commission has lifted a May 3 deadline for the public to weigh in on Comcast’s proposed merger with NBC Universal after the company said it would file two expected economic reports close to that date.
The extension could delay the review of the media merger, which is also being scrutinized by the Justice Department for antitrust violations.
The agency said it wanted the public to have enough time to comment on the deal, taking into consideration the reports.
The reports, asked by the FCC, are instructed to demonstrate benefits the companies claim the merger will create and the effects the union will have on the online video marketplace.
“The Commission has a strong interest in ensuring a full and complete record, and we believe this action will ensure that all parties will have sufficient time to review and comment on the applications, including these supplemental materials, and will ultimately contribute to an efficient and expeditious review of the proposed transaction,” said William Lake, chief of the FCC’s media bureau.
Comcast said the reports would be filed “as soon as possible.”
“We understand and agree in this case with the Commission’s desire to have a full comment period on key documents submitted by the applicants,” said spokeswoman Sena Fitzmaurice.
April 16, 2010; 5:59 PM ET
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