A PYMNTS Company

US: DOJ’s top concern for Comcast deal is Internet access

By  |  October 19, 2014

Unnamed sources say that the US Department of Justice’s key concern in the proposed merger between Comcast and Time Warner Cable is national Internet access.

    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.

    Reports say sources who attended meetings between the DOJ, Comcast and TWC officials reveal that the government’s main concern of the $45 billion merger is whether Comcast’s wider reach across the US following the acquisition would harm national video services.

    According to reports, antitrust experts briefed on the confidential meetings were split as to whether the DOJ’s concerns pose a threat to the completion of the merger. The DOJ is reviewing the deal along with the Federal Communications Commission; reports say the probes will likely continue into next year.

    Full content: Reuters

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