Deals
Regulators Prodded to Weigh Comcast Impact on Programming
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Regulators weighing Comcast Corp.’s proposed $45.2 billion purchase of Time Warner Cable Inc. should consider whether the deal will harm independent video providers, two U.S. senators said.
The loss of No. 2 U.S. cable company Time Warner Cable as an alternative programming distributor should be examined by the Federal Communications Commission and Justice Department, Senator Amy Klobuchar, a Minnesota Democrat, and Senator Mike Lee, a Utah Republican, said in a Nov. 14 letter to the agencies obtained by Bloomberg News today.