FCC commissioner says Comcast-TWC merger likely dead on arrival

FCC Comcast Time Warner Cable Merger

Like a good exorcist, the Federal Communications Commission looks set to drive back the merger sent from hell. In an interview with The Wall Street Journal, Republican FCC commissioner Ajit Pai says that the FCC is very unlikely to sign off on any proposed merger between Comcast and Time Warner Cable because the Obama administration has shown itself much less likely to approve major telecom mergers — such as the blocked AT&T-T-Mobile merger — than a Republican administration might be. A merger between Time Warner Cable and Comcast, which are the two largest cable providers in the United States, would further consolidate an industry that is already uncompetitive in many major markets. In addition to Comcast, smaller cable provider Charter has also been rumored to be interested in buying up Time Warner Cable.

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