DOJ Could Nix Comcast-Time Warner Merger

jriding (1076733) writes The Comcast-Time Warner Cable merger has been in the works for so long, it's starting to feel like the impending monopolistic telecom Frankenbaby was inevitable. But the Justice Department may kibosh the deal for violating antitrust laws, according to a report from Bloomberg.

Comments

DOJ Could Nix Comcast

[PolygamousRanchKid]

This truncated headline would have been more pleasurable.

May kibosh in 2017

[liquid_schwartz]

Unless sufficient bribes are paid in the 2016 election cycle

At this point? Really?

[damn_registrars]

This seems highly unlikely given the pro-monopoly stance that the administration of Barack Hussein "Lawnchair" Obama has taken up to this point. They didn't stop any of the airline or bank mergers that we have seen since 2009. They didn't reign in the massive control that the insurance industry has over the consumer (indeed they gave the industry more power). They didn't stop telecoms from merging either. Why would they get involved in this?

This looks like window dressing more than anything. The Administration is trying to get some positive PR but eventually they will let it slide through because the free market is teh awesome!

Why merge?

[Dutch Gun]

A rejection of the deal would be a blow to Comcast, which has sought to gain valuable cable assets in major U.S. cities including New York and Los Angeles, where Time Warner Cable is dominant. Expanding Comcast’s broadband Internet and video footprint would help it better compete with satellite, Web and telecommunications competitors that have taken hundreds of thousands of TV subscribers from the Philadelphia-based company in recent years.

Or, Comcast, you could stop treating your customers like poop you scrape off your sole and instead offer competitive and innovative services at a reasonable price. Maybe then your customers wouldn't flee from you at the first opportunity they get. Just a thought.

Re:At this point? Really?

[tapspace]

Is it? I can't tell which bias he has. He's expressing a desire for more regulation, which is a left-leaning bias, but a disdain for Obama, even using his middle name, which a right-leaning bias. I think he's just showing that he's pissed at the corporate cock sucking, fascist pile of shit that is the US federal government.

nix the regulations creating these monopolies

[NostalgiaForInfinity]

Nixing individual mergers doesn't help anything. What government should do is nix the regulations that created these monopolies in the first place.

Re:As someone on dial-up in Seattle...

[mrchaotica]

At that location they are so far above us in speed. It's sad when the middle of nowhere in a useless state has access about eight times faster than us for about a tenth of the cost. I wish Seattle would catch-up so the shithole of South Carolina.

Gee, it sure sounds to me like it's Seattle that's the shithole!