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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: 0) by Anonymous Coward on Monday April 20 2015, @02:35AM

    by Anonymous Coward on Monday April 20 2015, @02:35AM (#172999)

    You are describing the difference between influencing policy and buying specific legislation. Soros and the Kochs want to change general policy, but somebody like Comcast does not give a damn about policy, they just want narrow legislation that immediately affects their operations.