FCC, Comcast Agree To Extend Merger Condition
The Federal Communications Commission has reached an $800,000 settlement with Comcast over allegations that the cable giant wasn't living up to the conditions of its merger with NBC Universal.
Comcast was accused of not adequately marketing its standalone broadband service. As part of the settlement with the FCC, Comcast agreed to extend its commitment to provide broadband service to people who don't also subscribe to its cable services.
Additionally, Comcast will make a $800,000 "voluntary contribution" to the U.S. Treasury, as well as other commitments.
"Today's action demonstrates that compliance with commission orders is not optional," FCC Chairman Julius Genachowski said in a statement. "The remedies announced today will benefit consumers and foster competition, including from online video and satellite providers, by ensuring that standalone broadband is truly available in Comcast's service areas."
In May, the FCC also ruled that Comcast was not abiding by the condition that it include the Bloomberg news network when it groups other news channels into the same "neighborhood" on its cable systems.