
The FCC has approved Comcast’s purchase of a controlling stake in NBC…subject to conditions the FCC hopes will ensure competition in the online video market.
The Federal Communications Commission has granted its approval to the controversial merger between U.S. cable and Internet operator Comcast and the NBC Universal (PDF). Under the deal, Comcast will be allowed to take a 51 percent controlling stake in NBC Universal, but the FCC is imposing terms to ensure Comcast doesn’t use its position as both a creator and distributor of content to stifle competition, particularly in the online video market. S
