Before a House committee, Comcast exec fields more questions on Time Warner merger

Bloomberg Businessweek

May 09--WASHINGTON -- Comcast Corp. faced a four-hour grilling on Thursday by House lawmakers over its proposed $45.2 billion acquisition of Time Warner Cable Inc., with a former U.S. Justice Department official saying the deal was anti-competitive and “very likely illegal.”

The hearing by a House Judiciary subcommittee broke only once for about 10 minutes as lawmakers asked questions that ranged from cable-TV rate hikes to the city-focused Comcast dropping a popular rural cable-TV channel in Colorado and New Mexico.

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