Six Senators Urge U.S. To Reject Comcast-Time Warner Cable Merger

Six senators are urging the U.S. government to reject the proposed merger between Comcast Corp. and Time Warner Cable Inc. . The five Democrats and one independent told Attorney General Eric Holder and Federal Communications Commission Chairman Tom Wheeler in a letter that the proposed deal would lead to higher prices and fewer choices for consumers. The companies are scheduled to meet with regulators to discuss the merger on Wednesday. Signers of the letter include Elizabeth Warren of Massachusetts and Bernard Sanders, an independent who caucuses with the Democrats.

Copyright © 2015 MarketWatch, Inc.