Comcast and Time Warner recently made headlines with the announcement of their proposed merger. However, according to Freeborn & Peters Partner Jeffery Cross, approval for the deal could take more than a year, as government agencies scrutinize whether the merger will create or facilitate market power in the new company. Jeffery, who is a Partner in the Firm's Litigation Practice Group and a member of the Antitrust and Trade Regulation Group, said that, "The FCC will have a key role in the review of this deal. The DOJ and the FTC will undoubtedly weigh in, seeking substantial economic data from the parties to perform extensive econometric analyses in terms of whether the deal will create or facilitate the exercise of market power. The agencies will also be seeking documents from the parties to determine how they view the price competition.”
The article, "Comcast, Time Warner Merger Approval To Be Lengthy, Hard Look at Potential Price Hikes," was published by Virtual-Strategy Magazine and StreetInsider.com on February 14, 2014.
