With concern that competitor CNBC will gain an unfair advantage once parent NBC Universal closes its merger with Comcast, Bloomberg LP is asking the Federal Communications Commission for more time to study the deal, the Los Angeles Times’ Company Town blog reports.
While Bloomberg LP, the parent company of Bloomberg News and Bloomberg TV, hasn’t opposed the deal, it may eventually request the FCC place conditions on the agency’s approval, the article says. One concern of Bloomberg LP’s is that CNBC will be given better channel positions when Comcast closes its deal with NBCU.
As part of its request to the FCC, Bloomberg has asked to review the detailed responses from Comcast and NBC Universal on questions from the FCC on their businesses and relationships with suppliers. Most of the responses are heavily redacted, although Bloomberg may look at the un-redacted filings as long as it sends a special request and agrees to respect any confidential material, the story states.
Bloomberg said given the Monday deadline for comments, it wouldn’t have enough time to review the filings.