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Bloomberg Report Suggests Comcast & Time Warner Merger Dead
andyring writes: According to Bloomberg News, the Time Warner/Comcast merger of raw evil is dead. Comcast plans as early as tomorrow to withdraw the merger proposal, "after regulators decided that the deal wouldn't help consumers, making approval unlikely" according to the story. If so, that means regulators won't have the chance to kill it themselves.
They just need to regroup, figure out who to buy off, and do it again.
I'm sure someone is up for re-election, or wants a cushy job in the private sector, who can be "convinced of the merits of the case" with a suitcase full of cash.
Corporations don't stop doing crap like this just because the outcome would be bad for consumers.
Lost at C:>. Found at C.
The issue with the price, is your are paying for the Service and the Infrastructure.
I much rather have two bills.
One for the infrastructure, and one for the Service.
Much like in the old dialup days. We paid for the Phone Line, then we paid for the ISP.
We may have had limited options for the infrastructure, but you could choose ISP.
The problem is that We have both bundled together.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
The next time we have FTC and FCC leadership appointed by a Republican they'll just try the merger again, and they could easily succeed. I just don't think allowing the merger would seriously hurt the Republican president who did it. Republican strategists have their voters so anxious and paranoid over emotional topics like terrorism, gay marriage, marijuana, and immigration that who exactly would change their votes over internet service? Who would help the socialists take over and the floodgates open and another 9/11 happen just for ethical billing and some decent customer service?
No one who believes their lies would ever vote D or I for such a trifling issue.
If the US is an oligarchy controlled by the rich and powerful, and the Obama administration is full of corporate shills- then why didn't this merger get approved?
As much as I feel disappointed and disgusted by things that Obama and other Democrats have done over the last several years, I still don't buy the whole line that some people here on Slashdot trot out all the time: that Democrats and Republicans are the same thing.
You know that this deal would have sailed through and there's no way the FCC would have pushed for Title 2 regulation, if a Republican were in the White House right now.
So remember, as dumb and crappy as some parties' actions have been lately, who you vote for still matters, even if only in limited ways. Yes, some large scale issues are pretty much a wash between the two, but there are still some issues that you can have an influence in with your vote. Pick the party and candidates who you feel are more likely to be on the same side of the issues you care about, regardless of what the naysayers say.
Also, a shout out to Al Franken for being one of, if not the only top politicians to have questioned and criticized this merger from the beginning.
Also, a shout out to Al Franken for being one of, if not the only top politicians to have questioned and criticized this merger from the beginning.
You just invalidated your entire argument there. If Ds were truly different than Rs in this regard, then more Ds would have been on Franken's side from the beginning.
I don't want to achieve immortality through my work. I want to achieve it by not dying. - Woody Allen
Hail Dorothy!