States probe Comcast’s proposed Time Warner Cable tie-up

Comcast’s $45.2 billion mega-deal for Time Warner Cable is being scrutinized by state prosecutors.

Florida and other state attorneys general are joining the Justice Department in reviewing whether the proposed deal violates anti-trust law, Florida said in a statement to Reuters.

Comcast, the nation’s biggest cable provider, would control roughly one-third of the pay-TV market after acquiring No. 4 Time Warner Cable.

Comcast, which didn’t immediately respond to a request for comment, has said it will divest 3 million subscribers to stay under the 30 percent threshold and ease antitrust concerns.

The Florida attorney general’s office said it was part of a “multistate group” that was probing the deal, although it is unclear what other states are involved.

Indiana is also looking at the deal but is not part of the state task force, Reuters reported, citing a spokeswoman for the Indiana attorney general’s office.