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.

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.