Sens. Ask GE-Comcast Regulators To Walk Fine Line

Law360, New York (March 11, 2010, 6:51 PM EST) -- Senators reviewing Comcast Corp.'s plan to buy a majority stake in NBC Universal Inc. for $37 billion from General Electric Co. told top federal regulators on Thursday that their scrutiny of the deal should focus on protecting the public without overstepping regulatory boundaries.

“Consumers cannot be left with lesser programming and higher rates,” Senate Committee on Commerce, Science and Transportation chairman Jay Rockefeller, D-W.Va., said Thursday.

However, a key Republican said, the Federal Communications Commission's public interest review especially should be limited to the transfer of...
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