Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published November 14, 2009 at 12:10 AM | Page modified November 14, 2009 at 12:46 AM

Comments (5)     E-mail E-mail article      Print Print view      Share Share

Critics want to block Comcast-NBC deal

Comcast's potential takeover of General Electric's NBC Universal would damage competition and should be blocked by U.S. regulators, advocacy groups said.

Bloomberg News

Comcast's potential takeover of General Electric's NBC Universal would damage competition and should be blocked by U.S. regulators, advocacy groups said.

"The only beneficiaries of this deal are the industry titans who already enjoy too much market power," Josh Silver, executive director of Free Press, said Friday.

GE and Comcast, the largest U.S. cable company, are in talks to create a company that would include New York-based NBC Universal, people familiar with the matter said last month.

Comcast would own more than 50 percent of the venture, including the NBC broadcast network and cable channels USA, CNBC and Versus.

A "national campaign" to block the deal is being organized, Silver said on a conference call with reporters.

Others on the call Friday included representatives of the Consumer Federation of America, and the Communications Workers of America, which represents employees at Comcast and NBC.

NBC Universal properties also include a film studio. Comcast serves 23.8 million video customers and provides high-speed Internet service to 15.7 million.

"If this deal goes through, Comcast would have control of marquee content and three major distribution platforms: Internet, broadcast and cable," Silver said.

"We've never seen this kind of consolidated control across so many platforms."

A merger would "eliminate" competitive rivalry between Comcast and NBC, which has begun posting some video on the Internet, Mark Cooper, director of research for the Consumer Federation of America.

If antitrust officials don't block the deal, they could demand such conditions as forcing a sale of the TV stations, and offering NBC video to Web sites not controlled by Comcast, Cooper said.

"The simpler and more direct way to preserve competition is to just say 'no,' " Cooper said.

E-mail E-mail article      Print Print view      Share Share

More Business & Technology

UPDATE - 11:31 PM
Flood fears dampen business, home sales

NEW - 11:05 PM
A Bing deal for Microsoft, News Corp.?

NEW - 11:02 PM
Amazon, Wal-Mart escalate Web price war

Disney's new movie chief recasting studio

Madoff liquidator wants $22M for 5 months' worth

More Business & Technology headlines...

Comcast just slipped through another fee escalation by increasing the rental for a modem by 40%. The dollar amount is small for an individual,...  Posted on November 14, 2009 at 11:36 AM by atlatl. Jump to comment
Once upon a time. this "vertical integration" - one company completely controlling production and distribution of a product - was illegal...  Posted on November 14, 2009 at 6:38 AM by Punnditt. Jump to comment
******** .........let's see, you control the spigot, and you control the pipes, and this control was bestowed upon you based on the...  Posted on November 14, 2009 at 11:04 AM by ssseattleboy. Jump to comment

advertising


Get home delivery today!

Video

PNW Magazine | Easy As Pie
A little friendly competition between professional pie-baker Kate McDermott and The Seatttle Times' Kathleen Triesch Saul is handled with great taste.

Real Salt Lake wins MLS Cup
Raw Video | Real Salt Lake fans celebrate
Raw Video | Real Salt Lake receives the MLS Cup trophy
Real Salt Lake fans enter Qwest Field
Raw Video | MLS Cup Opening Ceremony
LA Galaxy's David Beckham
Real Salt Lake's Kyle Beckerman
MLS trophy arrives in Seattle
Chittenden Locks Inspection

Advertising

AP Video

Entertainment | Top Video | World | Offbeat Video | Sci-Tech

Marketplace

 
Most read
Most commented
Most e-mailed
 
 
Advertising