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NY PSC Extends Comcast/TWC Review

The New York Public Service Commission says it is extending its review of the Comcast/Time Warner Cable merger at the request of staff, but expects to be done this year.

"Comcast’s proposed acquisition of Time Warner is a complex transaction. The PSC fully expects that it will complete its review by year’s end," the commission said in a statement.

The commission has not taken a position on the deal, but has told the FCC it has a number of "potential concerns," including that the companies may be lowballing the potential of vertical and horizontal harms.

For the full story go to Multichannel.com.

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.