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

Could Nix

[turkeydance]

great Band name.

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

Re:May kibosh in 2017

[rtb61]

As for as the corporate psychopaths are concerned control main stream media and you control the world. Psychopaths, whilst content to conspire together to lie, cheat, steal and kill, the rest of us being the targets, they know full well, the greatest threat to them, is each other. That merger would simply place too much power in the hands of one group of psychopaths for the rest of them to accept. Any threat to that power base is attacked ie right now the Sony group is attacking RT News by working to censor it off their products on products like purposefully dumbed down so called smart TVs, active political targeted corporate censorship and a real warning of what is to come.

So you can bet that merger will be off the table. They all know just like M$ shenanigans, once one of them becomes big enough all alliances are off the table as it will ruthlessly attempt to drive all the others out of business and directly take over the US government just as News Corporation and Fox not-News are trying to do.

However there are odd shifts developing as older wealthy psychopaths are now looking a younger poorer psychopaths as the greatest threat, even their own family members. Better to keep what you have, rather than risk it all, too what, enable their greatest threat, poor psychopaths to gain wealth and power to use against them. Better a physical monument too themselves than allowing a trust fund junior psychopath to kill them because their allowance was reduced.

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?

[Anonymous Coward]

Based on this list, it looks like merger activity between US banks dramatically slowed since Obama took office, after going through the roof during the Bush years.

But don't let the facts get in the way of good ol' right wing populist rhetoric.

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.

Re:No Monopoly There...

[ganjadude]

actually verizon stopped rolling out fibre to the home a few years back. if you dont have it, you never will

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!