The federal government's review of the massive Comcast-NBC Universal deal is over, but a congressional review of the Federal Communications Commission's process for scrutinizing mergers is about to begin, National Journal Daily reports.
As part of FCC oversight hearings tentatively set for February, House Republicans plan to examine how the Democrat-controlled agency assessed the $30 billion transaction, and whether it overstepped its regulatory authority in the process.
Meanwhile, the FCC is facing considerable pushback from Democrats, with Senate Commerce Committee Chairman John (Jay) Rockefeller, D-W.Va., saying he's "very disappointed that the consumer protections were not stronger." To read more, click here. (Subscription required)