House Democrats challenge Comcast, NBC on deal

February 4, 2010

(AP) -- House Democrats are challenging executives from Comcast and NBC Universal to show that the cable TV operator's plan to take control of the NBC media empire won't hurt consumers and competitors.

Members of a House subcommittee on communications and technology sounded skeptical about the deal at the first of two congressional hearings Thursday. They worry that the transaction could lead to higher cable rates, fewer video programming choices and other competitive harms.

Corp. is seeking government approval to acquire a 51 percent stake in NBC Universal from General Electric Co. The Justice Department and the are currently reviewing the transaction.

Comcast says the deal doesn't raise significant antitrust concerns because the companies operate in separate and highly competitive markets.

Explore further: Comcast exploring stake in NBC

0 shares

Related Stories

Comcast exploring stake in NBC

October 1, 2009

(AP) -- Comcast Corp. is in negotiations to buy 20 percent to 50 percent of NBC Universal, according to people familiar with the negotiations.

Comcast CEO says law protects rivals in NBC deal

January 27, 2010

(AP) -- Comcast Chief Executive Brian Roberts says existing law would prevent the cable TV operator from denying satellite TV companies and other rivals access to NBC Universal programming on reasonable terms.

Comcast, NBC say deal would not hurt competition

January 28, 2010

(AP) -- Comcast Corp. and NBC Universal said the cable TV operator's plan to take control of the NBC media empire shouldn't raise significant antitrust concerns because the companies operate in separate and highly competitive ...

Recommended for you

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

Smallest 3-D camera offers brain surgery innovation

August 28, 2015

To operate on the brain, doctors need to see fine details on a small scale. A tiny camera that could produce 3-D images from inside the brain would help surgeons see more intricacies of the tissue they are handling and lead ...

Team creates functional ultrathin solar cells

August 27, 2015

(Phys.org)—A team of researchers with Johannes Kepler University Linz in Austria has developed an ultrathin solar cell for use in lightweight and flexible applications. In their paper published in the journal Nature Materials, ...

Interactive tool lifts veil on the cost of nuclear energy

August 24, 2015

Despite the ever-changing landscape of energy economics, subject to the influence of new technologies and geopolitics, a new tool promises to root discussions about the cost of nuclear energy in hard evidence rather than ...

2 comments

Adjust slider to filter visible comments by rank

Display comments: newest first

deatopmg
not rated yet Feb 04, 2010
What does this have to do, even remotely, about science? Nothing!
Just more politics that doesn't belong on this site.
Royale
not rated yet Feb 04, 2010
Separate markets? They're both television. What are they talking about?

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.