FCC Clears Comcast Purchase Of AT&T Broadband
Torgo's Pizza writes "The FCC just granted final approval for Comcast to complete its $30.5 billion purchase of AT&T Broadband. Despite consumer worries of increased rates and clear domination of the market, Chairman Michael Powell stated, "The benefits of this transaction are considerable, the potential harms negligible.""
Chairman Michael Powell stated, "The benefits of this transaction are considerable, the potential harms negligible."
I am pretty sure he got that backwards...
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