Comcast Corporation Defends Merger with Time Warner Cable and Netflix Gets Equalized Rates

Comcast Corporation (NASDAQ: CMCSA) told U.S. regulators on Tuesday that the company’s merger with Time Warner Cable Inc. would not deprive consumers of TV or broadband choices and would help the two companies compete against newcomers including Google Inc. and Apple Inc. in the video market. The company’s 175-page filing with the Federal Communications Commission formally launches the regulatory review of the proposed $45.2 billion merger between the No. 1 and No. 2 cable operators. The U.S. Department of Justice will conduct the antitrust review and the FCC will examine whether the deal