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FCC Puts Comcast and Time Warner Merger On Hold
An anonymous reader writes "In a public letter to both Time Warner and Comcast, the FCC said they are putting a hold on the merger deal between the two companies. Citing inadequate responses by both cable companies to earlier FCC requests for additional information, the agency is stopping the clock on its 180-day review period until late October. Comcast and Time Warner together control most of the Internet services in the country. However, the companies said they are in different regions and are not going to suppress the competition.
However, the companies said that they are in different regions and are not going to suppress the competition.
By surreptitiously "agreeing" to operate and different areas, they ARE suppressing competition. In most areas your "one" cable operator is the only game in town for broadband.
DirecTV might be great for TV, but not so much for internet.
There is no good cause for a merger! It will just take two crappy telecom companies and merge them into one huge monolithic monster that will charge basically 100.00 a month for 10mbps up and down and call it the fastest, state of the art marketing bullshit.