NBCU-Comcast on the Hill: Round 4

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Congressional leaders today for the first time heard from the two government agencies that will review Comcast’s $30 billion bid to acquire 51 percent of NBC Universal.

Although Julius Genachowski, chairman of the Federal Communications Commission, and Christine Varney, assistant attorney general for antitrust at the Department of Justice, were prohibited from commenting on the merits of the pending transaction, both promised members of the Senate Commerce Committee they would work together for an efficient review.

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