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Bloomberg Report Suggests Comcast & Time Warner Merger Dead

Posted by timothy on from the it's-very-ill dept.

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.

3 of 99 comments (clear)

  1. Re:Bah ... by geekmux · · Score: 5, Insightful

    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.

    Absolutely correct. The only way you would get those involved to back off completely is if you threatened them with incarceration.

    Not even fines would deter them, since fines are usually so laughingly small they're worth paying basically every time.

  2. Re:Good by jellomizer · · Score: 5, Insightful

    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.
  3. Re:Bah ... by bobbied · · Score: 5, Interesting

    Well, we shall see if the FCC commissioners who leave office after the next administration takes office heads towards one of these players or not. I'm not so sure the next administration will be for this merger or not. Obviously the democratic ruled commission doesn't like this idea, but which party will be in the Whitehouse and what their position on this merger would be is an open question.

    Suffice it to say, this deal is dead for at least two and likely more years.

    --
    "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101