A PYMNTS Company

US: California judge recommends Comcast-Time Warner deal

By  |  February 19, 2015

A California judge has recommended that state regultors approve Comcast Corp.’s proposed acquisition of Time Warner Cable Inc., a first for the megadeal by a major government entity.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    But the judge’s recommendation also comes with a list of conditions that would tighten regulation on the Philadelphia cable-TV giant and expand its discounted broadband service for low-income families.

    Administrative Law Judge Karl J. Bemesderfer proposed Friday that Comcast target all low-income households in California, or those with incomes below 150 percent of federal poverty level, for the service branded as Internet Essentials.

    The California Public Utilities Commission could vote on Bemesderfer’s decision at its March 26 meeting.

    The Comcast/Time Warner Cable deal, announced last February, also is under regulatory review by the Justice Department, the Federal Communications Commission and New York regulators.

    Full Content: The Morning Call

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.