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Posted on December 24, 2010 | tags

 
 

Biz: Will that Comcast/NBC Universal deal finally go through?

  • Depends on which bureaucrat you ask. In what’s looking to be a banner week for the FCC (note dripping sarcasm), Julius Genachowski said that he’s angling to approve the mega-merger, which would put Comcast in a position to screw over millions of consumers at once. That said, the merged company will agree to be willing to share their content with other companies (important) as well as with Web video firms like Netflix and Hulu (EXTREMELY important). The Justice Department, however, has yet to offer an official opinion on the merger but is rumored to not be super-happy about how the deal might affect competition. So, even if the FCC passes it, the DOJ may decline it for antitrust reasons. source