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Comcast Deal in Limbo as FCC Said to Join DOJ Against Merger

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Federal Communications Commission staff joined lawyers at the Justice Department in opposing the planned merger of Comcast Corp. and Time Warner Cable Inc., dealing a major blow to the the $45.2 billion transaction.

FCC staff members think the merger would threaten competition and innovation and should be considered in an administrative hearing, according to two people with knowledge of the staff’s position. FCC officials told the two biggest U.S. cable companies on Wednesday that they are leaning toward concluding the merger doesn’t help consumers, according to one of these people.