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EchoStar Communications Corp.'s $26 billion acquisition of DirecTV Inc. is running into trouble on Capitol Hill, with several prominent lawmakers telling the Federal Communications Commission that the merger would hurt consumers in rural areas. Ernest F. Hollings, D-S.C., and Ted Stevens, R-Alaska, told the FCC to reject the deal, which would combine the two largest U.S. satellite television companies.
January 03, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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