Analysts: Comcast-NBCU conditions could change if GOP wins White House

Telecom analysts say the conditions that may be placed on the merger of Comcast and NBC Universal could be rolled back if Republicans take the White House in 2012.   

Analysts said in a note last week that the Federal Communications Commission's (FCC) conditions on the merger may permit the company to ask the government to change the requirements in the future. 

That allowance is important because an FCC commission with a GOP majority might want to loosen or even abolish regulations they do not believe are necessary.

"We believe that most of the conditions would last for seven years ... but that Comcast would have the right to ask the FCC in the future to remove particular conditions if it believes circumstances warrant a change," analysts at Stifel Nicolaus said in a note last week. 

"That right could become especially important if a Republican wins the presidency in 2012, which would lead to GOP control of the FCC," the note continued. 

FCC Chairman Julius Genachowski circulated an order to approve the deal last month, while proposing various conditions that Comcast would have to follow in the aftermath of the merger. 

FCC officials said the requirements will address how the company treats online video, program access and diversity, among other factors, but they have not spelled out their exact expectations. The order is subject to a vote by the chairman and the four FCC commissioners, who are expected to approve the deal.

The Justice Department is also reviewing the merger.