The government has given its blessing to Comcast's $360 million purchase of online ad company FreeWheel. Comcast and FreeWheel agreed to the deal last month, but all deals over a threshold price must be submitted to the FTC/Justice Department for that antitrust checkup—they divvy up the reviews. If there are no issues or reason to sue for conditions or spinoffs, the deals are granted early termination of that vetting, which was the case with Comcast/FreeWheel.
The Federal Trade Commission April 7 announced that neither it nor the Justice Department have any antitrust issues with the deal, granting early termination of Hart-Scott-Rodino antitrust review.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.