On Tuesday, The Federal Communications Commission and Department of Justice approved the $30 billion mega-merger of Comcast and NBC Universal.Both the FCC and DOJ imposed conditions designed to ensure that the new company would not unfairly limit other companies' access to its content, or limit consumers' access to other companies' content. Comcast is barred, for example, from managing Hulu, a joint venture of NBCU, Fox Entertainment, and ABC
The agreement will give Comcast a controlling 51 percent stake in the company, with General Electric retaining 49 percent.