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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.
This truncated headline would have been more pleasurable.
Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
Unless sufficient bribes are paid in the 2016 election cycle
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.
Irony: Agile development has too much intertia to be abandoned now.
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.
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.