Home > Uncategorized > GE, Comcast, announce NBC Universal joint venture deal

GE, Comcast, announce NBC Universal joint venture deal

http://money.cnn.com/2009/12/03/news/companies/comcast_nbc/index.htm

This article talks about how GE and Comcast are going to join with NBC. The two companies will split the money to aquire the company. Multiple companies in the media may start to be involved and make complaints about Comcast. Antitrust regulators could be involved.

This is just another example of big multi billion dollar companies are just becoming richer. GE and Comcast are making it harder for smaller companies to make money. It just shows that big businesses can grow no matter what anti trust laws we have.

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