CWA: Regulators Should Scrutinize Comcast-Time Warner Merger
http://nhlabornews.com/2014/02/cwa-regulators-should-scrutinize-comcast-time-warner-merger/
By NH Labor | February 14, 2014 | Press Release, Uncategorized, Union
WA says: Regulators Should Scrutinize Comcast-Time Warner
Merger in Terms of Cost, Competition and Public Interest
Washington D.C. The bid by Comcast Communications to acquire Time Warner Cable in a $45.2 billion deal must be carefully reviewed by federal regulators.
A merger of this size, which would combine two of the four biggest cable operations, raises concerns about quality jobs, competition, consumer cost, market structure and more.
The two companies have a high bar to meet to demonstrate that the merger would be in the public interest.
Because the deal would result in significant concentration in the industry, the Communications Workers of America believes that regulators must review several critical issues, including:
The effect on market power for content providers and consumers, in what would be a significant horizontal merger.
FULL story at link.
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The New Hampshire Labor News is a group of NH Workers who believe that we need to protect ourselves against the attacks on workers. We are proud union members who are working to preserve the middle class. The NHLN talks mostly about news and politics from NH. We also talk about national issues that effect working men and women here in the Granite State.