FCC poised to block Comcast, Time Warner merger


GAWKER: Companies didn’t show enough initiative in improving customer service.

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GAWKER: Companies didn’t show enough initiative in improving customer service.

FCC commissioners, feeling the merger wouldn’t be in the public interest, will reportedly order an administrative hearing, a rare move that’s been described as “ a death sentence” because it will very likely stretch out beyond Comcast’s window to close the deal.

“I’d never say anything was 100 percent dead, but this is in the 99 percent category,” Rich Greenfield, an analyst at BTIG in New York, told Bloomberg.

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