Comcast made its first official filing to the Federal Communications Commission on Tuesday for its proposed acquisition of Time Warner Cable, say reports, allowing Comcast the chance to defend the $45 billion-dollar deal and respond to critics that say the merger would only harm cable competition.
The FCC filing, which follows just days after its filing with the Department of Justice, which will also review the deal, includes Comcast’s arguments for the merger. Comcast claims it does not have overlapping markets with TWC when it comes to broadband or video services.
The nation’s top cable company also argues the consumer benefits that would arise from a deal, including faster broadband services.
The FCC now has 180 days to review the deal and make a decision.
Full Content: CNet
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