Author Topic: United States, et al. v. Comcast Corp., et al.;  (Read 1201 times)

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United States, et al. v. Comcast Corp., et al.;
« on: January 31, 2011, 05:05:47 AM »

Proposed Final Judgment and Competitive Impact Statement

Jan 30, 2011 (FIND, Inc. via COMTEX) -- Notice is hereby given pursuant to the Antitrust Procedures and Penalties Act, 15 U.S.C. [Section] 16(b)-(h), that a proposed Final Judgment, Stipulation and Order, and Competitive Impact Statement have been filed with the United States District Court for the District of Columbia in United States of America, et al. v. Comcast Corp., et al., Civil Action No. 1:11-cv-00106. On January 18, 2011, the United States filed a Complaint alleging that the proposed joint venture between Comcast Corp. and General Electric Co., which would give Comcast control over NBC Universal, Inc., would violate Section 7 of the Clayton Act, 15 U.S.C. 18. The proposed Final Judgment, filed simultaneously with the Complaint, requires the defendants to license the joint venture's content to online video programming distributors under certain conditions, relinquish its management rights in Hulu, LLC, and subject itself to Open Internet and anti-retaliation provisions, along with other requirements.

Read the entire complaint here.