Like two dogs with one juicy bone, the U.S. Department of Justice and the Federal Trade Commission are facing off over which agency will review Comcast Corp.’s $30 billion acquisition of majority ownership in NBC Universal Inc.
For most industries, it’s clear which agency has dibs to review a merger. But not the media industry, where both DOJ and FTC lawyers have reviewed major deals. “It should be a colossal clearance fight,” said one antitrust lawyer. The review will be high-profile and complex, since the two companies aren’t direct horizontal competitors but would instead integrate vertically.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
