FCC Puts Comcast and Time Warner Merger On Hold

DEAD7

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"In a public letter to both Time Warner and Comcast, the FCC said they are putting a hold on the merger deal between the two companies. Citing inadequate responses by both cable companies to earlier FCC requests for additional information, the agency is stopping the clock on its 180-day review period until late October. Comcast and Time Warner together control most of the Internet services in the country. However, the companies said they are in different regions and are not going to suppress the competition.
 
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