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by DannyBee
4507 days ago
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and now, they never will, which would be the focal point of any antitrust attack. Also, the DOJ does not have sole authority to challenge.
Here is the breakdown for telecommunications (taken from DOJ website, http://www.justice.gov/atr/icpac/3b.htm) Telecommunications. Mergers involving telecommunications
service providers usually are subject to competition policy
review or challenge by:
One of the federal antitrust agencies (only the DOJ has
jurisdiction to review mergers involving telephone
companies; both the DOJ and the FTC have reviewed mergers
between cable television firms);
The Federal Communications Commission (FCC);(8)
The PSC of each state in which the parties do business
(although most state PSCs lack jurisdiction over cable
television mergers and some lack jurisdiction over mergers);
In the case of cable television, county and municipal
authorities with responsibility for granting and overseeing
cable franchise agreements;
The attorney general of each state in which the merging
parties do business; and
Private entities such as competitors to the merging parties.
As with mergers involving electric power firms, review by
any of these entities is nonexclusive. Approval of a
transaction by one entity does not preclude a separate
challenge by any of the other entities, nor does it bar
another entity from seeking adjustments that exceed
concessions that resolved the concerns of other bodies.
I suspect the DOJ (who has sole jurisdiction in telecommunications) will object, and that comcast is just willing to fight it out in court. |
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