Consumers, Competition, and the Proposed Comcast-NBC Merger

Submitted: March 5, 2010 - 8:11am
Last updated: March 5, 2010 - 8:12am

Source: US Senate Commerce Committee

Location:

Senate Commerce Committee, Constitution Avenue and 1st Street, NE Russell Senate Office Building - 253, Washington, DC, 20002, United States

The Senate Commerce Committee will hold a hearing on the proposed merger of Comcast and NBC Universal on Thursday, March 11.

Commerce committee staff did not immediately reveal who might testify at that upcoming hearing.

Among the merger's skeptics on hand next Thursday will be Senate Commerce Committee Chairman Jay Rockefeller (D-WV), who said back in December that he had "serious questions" about the merger's impacts on consumers. "A joint venture of this magnitude would benefit from regulatory oversight," Chairman Rockefeller said. "When major media companies swell to control both content and distribution, we need to make sure consumers are not left with lesser content and higher rates."