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Feds Against Comcast-Time Warner Merger

Recommends antitrust lawsuit.

Bloomberg News reports that attorneys at the Department of Justice's antitrust division are about to recommend blocking a merger between Comcast and Time Warner Cable. The attorneys are reportedly concerned that Comcast's $45.2 billion purchase of Time Warner Cable would harm consumers by creating a "nationwide cable giant." The Justice Department and Federal Communications Commission are not negotiating with Comcast about how to sell parts of its business or change practices in order to avoid antitrust concerns. If a deputy attorney general agrees with the attorney's findings, the government would sue in federal court to block the deal. Just last week, Consumerist named Comcast the worst company in America.