It appears like the federal government will cease the Comcast/TWC merger

It looks like the government will stop the Comcast/TWC merger

That seemingly ever-looming union between Comcast and Time-Warner Cable seems to be prefer it hit one other roadblock. The Federal Communications Fee needs to place the $forty five billion merger in entrance of an administrative regulation decide and challenge a “listening to administration order,” which The Wall Road Journal says is a reasonably robust message from the federal government that the deal might die. Why’s that? As a result of it is primarily Uncle Sam saying that the enterprise transfer is not good for shoppers; that entire Netflix state of affairs’s nonetheless fairly recent on everybody’s thoughts, it’d appear. WSJ‘s sources say that Comcast and Time Warner might nonetheless make a case for themselves, however it might be too late.

As we speak’s assembly was for the telco behemoths to supply concessions that might ease the federal government’s thoughts relating to any anti-shopper points of the wedding. Based mostly on unnamed sources, it does not sound too promising for Comcast and Time Warner although. From right here, every commissioner must vote on approving the enterprise deal for it to happen — at the moment’s transfer is among the many first steps in what WSJ says could possibly be a really lengthy and drawn out course of. However it’s not such as you have been holding your breath on this truly occurring or something, have been you?

[Image credit: Getty Images]

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