US: Senators seek DOJ vetting of possible Comcast/Fox deal

Some high-profile media consolidation critics in the  US Senate have called on the Department of Justice’s (DOJ ) antitrust division to conduct a thorough review of Comcast’s bid for Fox assets, reported The Hill.

Comcast does not have a deal yet as it is in a bidding war with Disney, but the senators are not waiting for a victor.

“In addition to horizontal concerns over local stations and regional sports programming, further consolidation that enhances and reinforces Comcast’s vertically integrated status as both a distributor and creator of media poses unique challenges, especially given that the merger would provide a majority stake in the streaming service Hulu,” the letter reads.

The letter was signed by Senators Richard Blumenthal (Democrat-Connecticut), Elizabeth Warren (Democrat-Massachusetts), Bernie Sanders (Independent-Vermont) and Ed Markey (Democrat-Massachusetts).

Full Content: The Hill

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 3.139.103.152

Please verify email or join us
to access premium content!