Greenlining Files Petition to Deny Comcast-NBCU Merger
June 21st, 2010
Comcast Corporation, General Electric Company, and NBC Universal (collectively the “Applicants”) are seeking to merge Comcast’s cable and content holdings with NBC Universal’s vast content library and production facilities into a newly formed joint venture. In order to do so, they must receive approval from the FCC for the transfer of various licenses. However, before the FCC may approve the transaction, the Applicants must have met their burden of showing that the transaction serves the public interest. Applicants have not met this burden because they have failed to show that the transaction will promote diversity, localism, and competition.
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Tags: Consumer Protection





