Senate Panel to Review Comcast-Disney Deal

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A Senate Judiciary subcommittee is planning an oversight hearing in the event that Comcast Corp. moves forward with its acquisition of The Walt Disney Co. -- a $66 billion deal that would need approval from the Federal Communications Commission and the Federal Trade Commission or the Department of Justice.

Senate Subcommittee on Antitrust, Competition and Business and Consumer Rights chairman Mike DeWine (R-Ohio) said he would hold a hearing if in fact the deal is presented to regulators. The same panel reviewed Comcast's 2002 takeover of AT&T Broadband.

Meanwhile, FCC chairman Michael Powell told the Senate Commerce Committee Wednesday that Comcast-Disney would "go through the finest filter" at the FCC.

Senate Judiciary Committee chairman Orrin Hatch (R-Utah) and ranking member Patrick Leahy (D-Vt.) both declined comment, saying they needed time to study the proposed merger.