Regulators weighing Comcast Corp. (CMCSA)’s proposed $45.2 billion purchase of Time Warner Cable Inc. (TWC) should consider whether the deal will harm independent video providers, two U.S. senators said.
The loss of No. 2 U.S. cable company Time Warner Cable as an alternative programming distributor should be examined by the Federal Communications Commission and Justice Department, Senator Amy Klobuchar, a Minnesota Democrat, and Senator Mike Lee, a Utah Republican, said in a Nov. 14 letter to the agencies obtained by Bloomberg News today.
The letter from Klobuchar and Lee, who lead the Senate’s antitrust panel, adds scrutiny to the transaction opposed by program providers including Dish Network Corp. and Netflix Inc. (NFLX) along with consumer advocacy groups.
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