Comcast Seeking Control of Both Pipes and Content?
techmuse writes "Reuters reports that Comcast may be attempting to use its huge cash reserves to purchase a large media content provider, such as Disney, Viacom, or Time Warner. This would result in Comcast controlling both the delivery mechanism for content, and the content itself. Potentially, it could limit access to content it owns to subscribers to its own services, thus shutting out competing services (where they still exist at all)."
Shouldn't there be FCC regulations against this potential nightmare scenario? If not, why not?
No there shouldn't be any FCC regulations preventing this. Actually the FCC should not exist, it was created for mass media businesses, there is no Constitutional authority granted to the government to create the FCC.
Falcon
Should there be a Law?
It has to do with the corporate right to be unbound by any rules and have the freedom to stifle competition and destroy the market for their own profit.
The monopoly Comcast has was created BECAUSE of government interference. It's not fair to expect that the power extended to these companies doesn't have strings attached -- Sue all they want. The government and Comcast now share a responsibility for the market's well-being. It's not one or the other.
#fuckbeta #iamslashdot #dicemustdie
Not only is this NOT an Obama article, but it's almost impossible for those 'politicians' to get anything done in 6 months, much less completely undoing the work of Darth Bush's last EIGHT YEARS !
Sheesh, bureaucrats and politicians undoing anything they don't get kickbacks for is done at a speed that makes glaciers look like Daytona Racers.