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US Regulators May Scuttle Time Warner Cable - Comcast Merger

posted by martyb on Sunday April 19 2015, @04:11PM   Printer-friendly
from the can't-harm-competition-where-there-is-none dept.

AnonTechie writes:

Ever since Time Warner and Comcast announced their intent to seek a merger, public opinion has been fiercely against the idea. The discussions over whether the merger should be allowed have sparked increased discussion around the effective oligopoly and profound anticompetitive nature of American broadband. Now, news has broken that the US government’s regulators are considering killing the deal.

There’s been little serious argument that the merger should be allowed to proceed. While the two companies protested that allowing them to merge wouldn’t harm competition, the maps they produced to demonstrate this wound up illustrating just how anti-competitive the current system already is.

http://www.extremetech.com/computing/203664-us-regulators-reportedly-gearing-up-to-kill-time-warner-comcast-merger?

[Related]: http://www.bloomberg.com/news/articles/2015-04-17/u-s-antitrust-lawyers-said-to-be-leaning-against-comcast-merger

 
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  • (Score: 2, Insightful) by Anonymous Coward on Sunday April 19 2015, @05:00PM

    by Anonymous Coward on Sunday April 19 2015, @05:00PM (#172874)

    > The two companies will be contributing to Jeb's PAC, I guess.

    They will be contributing to the PACs of everybody who makes it past primary season.
    Influence is so cheap to purchase, it is easy to buy all of it.

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  • (Score: 4, Insightful) by Thexalon on Sunday April 19 2015, @05:06PM

    by Thexalon (636) on Sunday April 19 2015, @05:06PM (#172877)

    They'll probably contribute extensively to any candidate that even has a chance. Why take risks when you can place a 100% guaranteed bet?

    --
    The only thing that stops a bad guy with a compiler is a good guy with a compiler.