Report: Regulators lean toward blocking Comcast deal

April 18, 2015 7:05 AM

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Report: Regulators lean toward blocking Comcast deal

WASHINGTON - Comcast critics cautiously cheered Friday after a report that federal antitrust lawyers may soon recommend blocking the Philadelphia company's proposed merger with Time Warner Cable.

Justice Department staffers are nearing a recommendation to oppose the $45 billion deal that would combine the nation's largest and second-largest cable and Internet companies, Bloomberg News reported, citing unnamed sources familiar with the antitrust review.

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