The Federal Trade Commission Tuesday cleared Comcast Corp. and Time Warner Inc. to complete their $17.6 billion carve-up of the assets of once-bankrupt Adelphia Communications Corp. without requiring any additional conditions.

The main issue investigated by the commission was whether the expansion of the two cable giants’ geographic “clusters” of cable systems would give them too much power to dictate terms competing cable “overbuilders” — satellite TV providers and telephone companies entering the TV distribution business — must pay for programming, particularly regional sports networks.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]