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Comcast and Time Warner Cable defend deal before Congress
Comcast and Time Warner Cable defend deal before Congress

Rising cable bills and programming diversity were focal points of a congressional hearing on Comcast Corp.'s proposed acquisition of Time Warner Cable. If approved, the more than $40-billion deal would combine the nation's top two cable providers and create a pay-TV and Internet behemoth. The Federal Communications Commission and Justice Department are reviewing the sale to determine if it serves the public interest and doesn't violate antitrust law. Concerns were raised Thursday by some members of the House Judiciary Committee's Subcommittee on Regulatory Reform, Commercial and Antitrust Law that while a marriage of Comcast and Time Warner Cable could be good for...

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