The Comcast-Time Warner merger may have just hit a huge stumbling block

A Comcast-Time Warner merger would create a &quot;nationwide cable giant.&quot;

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last updated 17 April 2015

The merger between Comcast and Time Warner, America's first- and second-largest cable providers, may not be so inevitable after all. The Department of Justice's antitrust lawyers are reportedly considering blocking the merger, sources told Bloomberg, for fear that "consumers would be harmed" by Comcast's $45.2 billion purchase of Time Warner Cable, which would create a nationwide cable giant.

Officials at the FCC's antitrust division, who are also reviewing the deal, reportedly "aren't negotiating" with Comcast about ways to fix the deal to prevent it from falling apart.

In light of these details, Comcast issued a statement saying there is "no basis" for a federal lawsuit to stop the merger, and maintained that the acquisition would result in "significant consumer benefits," like faster internet speeds, better video quality, and cost savings.