One of the five California officials who will vote on Comcast’s proposed acquisition of Time Warner Cable says the merger should be rejected.
In a proposed decision released today, California Public Utilities Commission (CPUC) Commissioner Mike Florio recommended rejection of the merger. Florio and the other four commissioners are scheduled to hold a public hearing on the matter Tuesday, and could vote as early as May 7.
The biggest decisions on the merger will come at the federal level from the Federal Communications Commission and Department of Justice. However, states including California and New York can influence the merger’s ultimate fate because they would have to approve license transfers from Time Warner Cable to Comcast.
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