Comcast CEO Insists Purchase Of Time Warner Cable Is 'Pro-Competitive'

[Miles Archer]

Comcast CEO Insists Purchase Of Time Warner Cable Is 'Pro-Competitive'

http://www.huffingtonpost.com/2014/02/13/comcast-time-warner-competitive_n_4780173.html

Comcast's decision to purchase Time Warner Cable would seem, on its face, to be exactly the kind of mega-merger that sets alarm bells going for media and business watchdogs. But Comcast CEO Brian Roberts appeared on CNBC on Thursday to assure people that, in fact, the deal was "pro-competitive" and "pro-consumer."

Predictably, watchdog groups immediately protested the deal. Free Press president Craig Aaron said it would create a vast, unaccountable giant:

This deal would give Comcast control of more than a third of the U.S. pay-TV market and more than half of the U.S. triple-play market for video, voice and Internet service. Comcast will have unprecedented market power over consumers and an unprecedented ability to exert its influence over any channels or businesses that want to reach Comcast's customers.

No one woke up this morning wishing their cable company was bigger or had more control over what they could watch or download. But that — along with higher bills — is the reality they'll face tomorrow unless the Department of Justice and the FCC do their jobs and block this merger. Stopping this kind of deal is exactly why we have antitrust laws.

[onehandle]

1. THPPFT!

[IMG][/IMG]

[lostincalifornia]

2. They a few shrills on Bloomberg this morning blathering the same garbage

[Laelth]

3. Liar! No way that's possible.

I mean, seriously. Some of us are stupid enough to believe that, but the vast majority of us are not.

-Laelth