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FCC: Comcast-Time Warner Merger Unlikely FCC: Comcast-Time Warner Merger Unlikely

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FCC: Comcast-Time Warner Merger Unlikely

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Comcast headquarters in Philadelphia.(Getty Images)

The Federal Communications Commission will likely block a merger between the two largest cable providers, Comcast and Time Warner Cable, according to a senior FCC official, reports The Wall Street Journal.

Comcast is considering purchasing TWC. Charter Communications, a smaller cable operated, has also shown interest in acquiring TWC.

 

FCC Commissioner Ajit Pai says the Obama administration will probably block a takeover of the No. 2 cable provider by the No. 1 cable provider.

"The Obama administration has applied greater scrutiny to proposed mergers and acquisitions," Pai said in an interview Thursday.

Citing AT&T's attempted takeover of T-Mobile as precedent, Pai suggested Comcast's acquisition attempt could "face a number of hurdles" within the administration.

 
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