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Comcast NBC Universal tie-up approved

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Comcast NBC Universal tie-up approved

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The No. 1 US cable company Comcast has won approval from Brussels for its purchase of a controlling stake in NBC Universal which owns TV networks, a film studio and theme parks.

That would create a media superpower with control of how television shows and movies are made and how they are delivered to homes.

The European Commission said the deal will not significantly impede effective competition in Europe.