Wednesday, March 19, 2014

The Comcast-Time Warner Merger Squabble

As you are all aware, Comcast has plans on merging with Time Warner Cable last month.  For Comcast, it would make them the bigger Cable/Internet service of America.  But for many customers for ether side, it's a no-win situation as that means

-Less Competition
-Higher prices
-And a chance of tiered Internet service

And if you play on X-Box Live, Playstation Network, Nintendo Network, various PC online gaming services(Like Battle.net, Steam, EA's Origin), or even on your Smartphone or Tablet that's tethered to your Wi-fi, you may experience a change in quality that may result in slower speeds or laggy online gameplay with Net Neutrality thrown in the garbage.

But it seems the State Governments are starting to take notice and are joining forces to battle the merger.



Florida and other U.S. states will join the Justice Department in seeking to determine if Comcast's plan to merge with Time Warner Cable is legal under U.S. antitrust law, Florida said in a statement to Reuters.

"We are part of a multistate group reviewing the proposed transaction along with the U.S. DOJ (Justice Department) Antitrust Division," the Florida state attorney general's office said in an emailed statement.

It was not known how many states had joined the task force.

Separately, Indiana officials were also looking at the deal to determine "the potential impact in Indiana." Erin Reece, a spokeswoman for the Indiana attorney general's office, did not indicate if Indiana was part of the multistate group.

The attorneys general group is focused on broadband rather than cable in assessing the $45.2 billion deal, according to a source familiar with the effort who was not authorized to speak on the record.

Comcast did not immediately respond to a request for comment on the states' review of its proposed deal.





This might have been the straw that broke the camel's back.  But regardless, we all need to be aware of the Comcast-Time Warner  Merger.  Should they succeed, it means less competition.  And that's not good for a free market now, is it?

Works Cited:
Huffington Post

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