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FCC Chair Seeks Comcast-NBC Merger Conditions

Anarki2004 (1652007) writes | more than 2 years ago

Technology 1

Anarki2004 (1652007) writes "From the article: The head of the Federal Communications Commission proposed regulatory conditions Thursday to ensure that cable giant Comcast Corp. cannot stifle video competition once it takes control of NBC Universal. Comcast is seeking government approval to buy a 51 percent stake in NBC Universal from General Electric Co. for $13.8 billion in cash and assets. The deal would create a media powerhouse that both produces and distributes content."
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That's what the FCC is for (1)

calskin (1902692) | more than 3 years ago | (#34660408)

To assist in the creation of monopolies.
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