• DOJ & FCC Allow Comcast-NBCU Joint Venture to Proceed with Conditions
  • January 20, 2011 | Author: Jeffrey S. Spigel
  • Law Firm: King & Spalding LLP - Washington Office
  • Yesterday, after a year-long investigation, the Department of Justice Antitrust Division (DOJ) and Federal Communications Commission (FCC) announced that they reached a settlement with Comcast Corporation (Comcast) and General Electric Co. (GE)’s subsidiary NBC Universal (NBCU). The settlement permits the parties to proceed with their joint venture, under which Comcast will acquire control of NBC Universal Inc. (NBCU) and all of its assets. See http://www.justice.gov/opa/pr/2011/January/11-at-061.html.