DOJ Puts A-Team on Comcast-TWC Deal, But Baer Bows Out

March 06, 2014

​Fenwick antitrust co-chair Mark Ostrau spoke with Law360 regarding the implications of an announcement from the U.S. Department of Justice on the team that would review Comcast's $45 billion bid for Time Warner Cable.

Antitrust chief Bill Baer has recused himself and named a veteran of the Federal Communications Commission, Renata Hesse, along with DOJ litigation deputy David Gelfand, to lead the probe, Law360 reported.

"While it does not indicate how the [cable companies will] come out on the transaction, I think it’s a recognition that the review will be scrutinized by a host of proponents and opponents, so the DOJ wants to be able to say they have the A-team to preserve all options," Ostrau said.

The full article is available through the Law360 website (subscription required).