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Paul Merrell

Kohl Wary Of Comcast-NBCU Deal - Tech Daily Dose - Tech Daily Dose - 0 views

  • An influential Democratic senator urged federal regulators today to only approve the proposed $30 billion merger of Comcast and NBC Universal if they determine that "sufficient conditions" are "unlikely to cause any substantial lessening of competition," CongressDaily reported.
  • Kohl detailed his views in a letter to FCC Chairman Julius Genachowski and Assistant Attorney General Christine Varney. The lawmaker recommended 11 requirements, including the divestiture of NBC's stake in the online video site Hulu, a ban on Comcast shifting marquee NBC content to cable for a decade and restricting Comcast from blocking or degrading competing video services online. Kohl weighed in after Congress held four hearings earlier this year on the merger and as lobbying over the transaction continues to intensify. The companies have said they're expecting a regulatory decision in the fourth quarter.
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