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Calif. Regulator Wants To Block Comcast Merger With Time Warner
- The Los Angeles Times, Monday, April 13, 2015 5:13 PM
California Public Utilities Commissioner Mike Florio wants regulators to block Comcast's $45 billion acquisition of Time Warner Cable, the Los Angeles Times reports. "This transaction is not in the public interest," he wrote in an 89-page proposal. Florio reportedly raised concerns about how deal would affect the quality of cable TV service, as well as concerns about privacy and high-speed Internet service.
