FCC Staff Recommends Hearing on Comcast-Time Warner Cable Merger
http://www.wsj.com/article_email/fcc-staff-recommends-hearing-on-comcast-time-warner-cable-merger-1429751499-lMyQjAxMTE1MTI1MjYyNzIwWj
Federal Communications Commission staff recommended that the
regulatory agency designate Comcast Corp.'s proposed acquisition of
Time Warner Cable Inc. for a hearing, according to people familiar
with the matter, a significant setback for the companies' merger
plans. The staff reached a conclusion that the best option for the
FCC is to issue a "hearing designation order." In effect, that would
put the 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.
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--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Founder:
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Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Member: ACM Committee on Computers and Public Policy
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Tel: +1 (818) 225-2800 / Skype: vortex.com
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