Opponents Take $37B NBC-Comcast Deal To Obama

Law360, New York (October 5, 2010, 12:34 PM EDT) -- A coalition that opposes Comcast Corp.'s proposed acquisition of a majority stake in NBC Universal Inc. from General Electric Co. has penned a letter to President Barack Obama, urging him to ensure that regulators have sufficient time to scrutinize the $37.25 billion deal for competition concerns.

The Coalition for Competition in Media, comprised of entities that oppose the Comcast-NBC merger, sent a letter to the White House on Monday, saying that the U.S. Department of Justice and the Federal Communications Commission “must have the time they...
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