The congressional hearings regarding the proposed merger of Comacast and Time Warner are scheduled to begin on Wednesday, and I was wondering what people thought of the chances of the merger getting approved? I was dubious at first, but now I'm wondering if it might go through after all. There was a pretty good analysis of the issues involved in the New York Times today: http://www.nytimes.com/2014/04/07/business/media/questions-for-comcast-as-it-looks-to-grow.html?_r=0
Interesting that, although this would give one company control over 19 of the country's top 20 markets, it wouldn't actually eliminate competition in any of those markets (Comcast and Time Warner do not share any territory). As the article points out, Comcast's ownership of NBC could be what pushes this proposed mega-company dangerously close to monopoly status. We shall see.
Interesting that, although this would give one company control over 19 of the country's top 20 markets, it wouldn't actually eliminate competition in any of those markets (Comcast and Time Warner do not share any territory). As the article points out, Comcast's ownership of NBC could be what pushes this proposed mega-company dangerously close to monopoly status. We shall see.