Feds figure out that the Comcast deal looks the same from Washington as it does from California
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Looks the same from either side.
The federal justice department might save the California Public Utilities Commission the trouble of killing the Comcast/Time Warner/Charter deal.
First Bloomberg reported that the justice department is about to send the matter into a proceeding – an administrative hearing – that would, in all likelihood, end with the mega-merger and market swap being tanked on anti-trust grounds. Then, the Wall Street Journal followed up with an article saying that Comcast and Time Warner execs were planning to meet with the justice department on Wednesday to try to negotiate their way out of that dead end process.… More
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