DOJ To Submit Report Aimed At Blocking Comcast-Time Warner Merger

DOJ To Submit Report Aimed At Blocking Comcast-Time Warner Merger

The huge $45 million ComcastTime Warner Cable merger could potentially be blocked by the Department of Justice according to Bloomberg. Comcast’s merger with Time Warner has been hindered for sometime now. Announcing the merger last February, the cable giant was originally looking at a late 2014 approval window.

Dish Network Wants FCC To Block Comcast Acquisition Of Time Warner

The antitrust division is expected to deliver a report to have the merger stopped sometime next week. That isn’t to say that the deal will be halted next week, simply that paperwork will go through. From there it’s up to the Department of Justice’s higher ups to decide whether to pursue legal action against the deal.

The department has been building up an arsenal of evidence to hobble the merger. It’s said that should Comcast decide to get in line with regulations, the DOJ and FCC—another agency that has to okay the merger—have both said they will not approve of the merger.

Meanwhile telecom competitors Charter Communications and Bright House Networks are looking at a merger of their own. It’s safe to say that the two companies are paying close attention to how the movements in the Comcast-Time Warner merger develop.

Starting with Kabir News in 2013, James has focused on tech, gaming, and entertainment. When not writing, he enjoys catching up on sci-fi and horror shows and comics. He can be followed on Twitter @MetalSwift.

Leave a Comment