FCC Joins DOJ In Making Comcast Deal Look Doomed Earlier this week reports emerged claiming that the DOJ was preparing to reject Comcast's planned merger with Time Warner Cable, and now there's indications that the FCC may be considering blocking the deal as well. Insiders say the FCC is proposing a "hearing designation order" regarding the merger, a move that would effectively put the FCC's stamp of disapproval on the deal and place the merger in the hands of an administrative law judge.

quote: "The fundamental problem with this transaction is there is no major constituency outside of Comcast and Time Warner Cable that want it to move forward,” said Rich Greenfield, analyst at BTIG Research, which has been predicting the deal falls apart.Mr. Greenfield noted that it would be a "very uphill battle" for Comcast to prove its case through the FCC’s hearing process that its merger is in the public interest. "Is it really worth spending more time and resources to fight the government?" Comcast met with DOJ officials on Wednesday in an attempt to save the deal, but reports suggest Comcast's not interested in the kind of meaningful conditions that could help the foundering merger (like agreeing to the FCC's reclassification of ISPs as common carriers). Regulator concern apparently grew as they reviewed most of the conditions of Comcast's 2011 NBC acquisition (most of which Comcast itself suggested), and found that the company From there, Comcast would be required to further justify its plans, and delay the deal. It's not the final death knell for the deal, but it's not a good sign for Comcast, either. The company's having a hard time convincing pretty much anyone that the deal would be good for anyone other than Comcast:Comcast met with DOJ officials on Wednesday in an attempt to save the deal, but reports suggest Comcast's not interested in the kind of meaningful conditions that could help the foundering merger (like agreeing to the FCC's reclassification of ISPs as common carriers). Regulator concern apparently grew as they reviewed most of the conditions of Comcast's 2011 NBC acquisition (most of which Comcast itself suggested), and found that the company failed to adhere to a large number of them







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Most recommended from 45 comments



camper

just visiting this planet

Premium Member

join:2010-03-21

Bethel, CT 6 recommendations camper Premium Member Comcast has no one to blame but themselves...



Maybe, just maybe, if Comcast had been a better actor in the market space, the merger would have had a better chance of being approved.



Comcast's customer-antagonistic attitudes and predatory pricing in low competition areas, combined with extensive lobbying to prevent or further reduce competition, all point to a company that is not aligned with quality service for its customers. mikesco8

join:2006-02-17

Southwick, MA 3 recommendations mikesco8 Member I cannot think of another business deal that.. When (and if) I get official word that this merger is dead I will not be able to contain a loud cheer and feel a sense of victory!

davidc502

join:2002-03-06

Mount Juliet, TN 2 recommendations davidc502 Member Too much market share This would have given Comcrap a huge market share giving them a unfair advantage in many rebroadcast negotiations.



If Comcast isn't smart enough to realize they are too big as it it, then it's up to other organizations to set them straight, and hopefully in this case it's denied.

chip89

Premium Member

join:2012-07-05

Columbia Station, OH 2 recommendations chip89 Premium Member Good Good It should be blocked!!! It's only good for Comcast and no one else!