The Department of Justice isn’t the only federal agency that appears to be skeptical of a merger of the nation’s two largest cable companies. The Federal Communications Commission is reportedly close to a procedural move that would make it difficult for Comcast’s purchase of Time Warner Cable to be approved.
According to The Wall Street Journal, FCC staff has decided that the commission should issue a hearing designation order. “In effect, that would put the $45.2 billion merger in the hands of an administrative law judge, and would be seen as a strong sign the FCC doesn’t believe the deal is in the public interest,” the Journal wrote, attributing the information to anonymous sources. “A hearing could be a drawn-out process, and some regulatory experts describe the procedure as a deal-killer, though Comcast would be entitled to make its case for the tie-up.”
The FCC hasn’t announced its intentions for the Comcast/TWC deal. A commission spokesperson declined to comment when contacted by Ars, saying the merger is still under review.
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