FCC Authority Questioned In Wake of Verizon Deal Approval
While the FCC didn’t ask for any additional commitments in this case, beyond what the DOJ asked for, they’ve laid down the marker, and they can in the future, said Geoffrey Manne, the executive director of the International Center for Law and Economics and lecturer at the Lewis and Clark Law School, to Bloomberg BNA Aug. 27. Now they could potentially demand concessions or even stop the transaction on the basis of an ancillary commercial agreement. They are asserting that they have more control over the economic value of the deal.
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