If Cablevision Systems manages to wrest the Tribune Company's Long Island, N.Y., newspaper Newsday away from other interested bidders, the transaction would raise the ire of consumer groups, but regulators in Washington won't have much to say, The Deal.com reported.

Cablevision on Monday offered $620 million to buy Newsday, topping the two competing $580 million bids made by Rupert Murdoch’s News Corporation and real estate magnate Mort Zuckerman, owner of The New York Daily News.

Public interest advocates already have expressed concern about a Cablevision purchase, but they concede that neither the Federal Communications Commission nor the Department of Justice would oppose it.

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