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Mergers, Acquisitions and Takeovers
Consumer groups urge California regulators to oppose big cable TV deal
Consumer groups urge California regulators to oppose big cable TV deal

A coalition of California consumer groups fighting a huge nationwide cable TV merger is asking state telecommunications regulators to oppose it. The groups spelled out their arguments with the Public Utilities Commission late Wednesday and urged the commission to deny an application to combine the nation's two largest cable companies, Comcast Corp. and Time Warner Cable Inc. The proposed merger is pending before the Federal Communications Commission, and it's not clear whether the PUC will play any role in approving or denying the $45-billion deal. "This merger is a terrible deal for Californians, particularly for communities of color and low-income consumers," said...

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