Comcast strives to save merger with Time Warner

Comcast Corp. and Time Warner Cable Inc. officials are slated to sit down for the first time on Wednesday with Justice Department employees to discuss potential remedies in hopes of keeping their $45.2 billion merger on track, according to people familiar with the matter.

The Wall Street Journal reports the parties haven't met face to face to discuss details in the over 14 months since the deal was announced.

TheJustice Department and the Federal Communications Commission have concerns the combined company would be too powerful and have an unfair competitive advantage. One possible option the FCC is considering is a hearing, which would put the merger in the hands of an administrative law judge, according to the report.

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