Comcast and TWC will negotiate with officers to save lots of their merger

Comcast and TWC will negotiate with officials to save their merger

The merger between Comcast and Time Warner Cable is not as sure to get approval because it as soon as was, and the 2 cable giants realize it. Wall Road Journal sources perceive that the businesses will meet with Division of Justice officers this week (the primary time they’ve met because the announcement) in hopes of negotiating concessions and saving the deal. It isn’t clear what extra they will suggest past present gives, though historical past means that they might hand over extra clients or promise extra efforts to increase low-value web entry.

Nevertheless, Comcast reportedly will not budge on one space: internet neutrality. If the Justice Division asks Comcast to abide by the FCC’s utility-like internet neutrality guidelines whether or not or not they survive authorized challenges, the corporate may simply “stroll away” from the merger. That is not shocking given the telecom’s much less-than-type angle towards Netflix, however it additionally means that Comcast will solely go up to now to please regulators when it sits down for talks.

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