FCC: Comcast-Time Warner Merger Unlikely

The Comcast Center, which is Comcast Corporate headquarters, is seen December 3, 2009 in Philadelphia, Pennsylvania. Comcast Corp. announced December 3, that it will acquire a majority stake in NBC Universal Inc., paying GE 6.5 billion dollars. 
National Journal
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Laura Ryan
Dec. 6, 2013, 7:31 a.m.

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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