Congressional Democrats on Feb. 4 challenged executives from Comcast Corp. and NBC Universal to show that the cable TV operator's plan to take control of the entertainment company won't hurt consumers and rivals, reports the Associated Press. In back-to-back hearings, members of House and Senate subcommittees expressed concern that the transaction could lead to such competitive harms as higher cable TV rates and fewer video programming choices. Comcast is seeking federal approval to acquire a 51-percent stake in NBC Universal from General Electric Co. The Justice Department and the Federal Communications Commission are expected to sign off, but likely with...
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