Justice Department to Study Comcast Takeover of NBC


Source: Bloomberg
Author: Justin Blum

The Justice Department will conduct an antitrust review of Comcast's planned takeover of NBC Universal, a department spokeswoman said. The examination will be handled by the department and not the Federal Trade Commission, said department spokeswoman Gina Talamona. The deal will be vetted to determine whether it may thwart competition. Critics such as the consumer advocacy group Free Press said they will seek to block the move, which would give Comcast control of broadcast TV networks, online and cable channels and a movie studio.

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