Summary Box: Democrats challenge Comcast, NBC Universal on risks of proposed deal
By APThursday, February 4, 2010
Summary Box: Democrats challenge Comcast, NBC
BIG QUESTIONS: Executives from Comcast and NBC Universal had to explain in two congressional hearings Thursday why they think consumers and rivals won’t be hurt if the cable TV provider takes control of the entertainment company. Democrats in particular said they worried the deal could lead to higher cable TV rates, fewer video programming choices and unfair struggles for competitors.
THE RESPONSE: The heads of Comcast and NBC Universal said their combination would lead to innovative services and help the companies compete in what is becoming a “media free-for-all.”
WHAT’S NEXT: The government could take a year before approving the deal, likely with conditions imposed.
Filed under: Politics, Programming, Technology, Telecommunications
Tags: Political Organizations, Political Parties
Tags: Political Organizations, Political Parties
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