NY PSC Extends Comcast/TWC Review
Says commission, staff still examining effect on 2.2 million cable customers
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.
