US lawmakers warned they would closely scrutinise Comcast's bid for control of NBC Universal, as the cable company sought to ease regulatory and shareholder concerns.
The combination of the General Electric-controlled NBCU, valued at $30bn, with $7.25bn worth of Comcast's cable channels will create one of the US's largest media companies.
“This proposal raises questions regarding diversity, competition, and the future of the production and distribution of video content across broadcasting, cable, online and mobile platforms,” said Henry Waxman, chairman of the House Energy and Commerce Committee. A review is expected to take 12 months.
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