4 ms·
When i read yesterday about the merger i was pretty shocked that the FCC was allowing it to go through.
by xophishox 10y ago
When i read yesterday about the merger i was pretty shocked that the FCC was allowing it to go through.
- mashlol 10y agoYeah it's very surprising, it really does stifle competition and can only be a bad thing for consumers in the end.
- envy2 10y agoNone of the regulators have signed off on this yet. I'd expect heavy regulatory scrutiny, and the deal may well yet be scuttled as a result.
- op00to 10y agoWhy would they scuttle it? They'll give a few token concessions and continue to screw consumers. The only way to win in this game is to invest in these monopolies.
- walterbell 10y agoLook into why T-Mobile merger was cancelled: industry pushback.
- icebraining 10y ago"In April 2015, it was reported that the U.S. Department of Justice was preparing to file an antitrust lawsuit against Comcast and Time Warner in a bid to halt the merger, arguing that the merger would reduce the level of competition in the cable television and broadband internet industries. On April 24, 2015, Comcast officially announced that it had called off the merger." https://en.wikipedia.org/wiki/Attempted_purchase_of_Time_Warner_Cable_by_Comcast https://en.wikipedia.org/wiki/Attempted_purchase_of_Time_War...
- djrogers 10y agoCompletely different company - TW != TWC.
- danm07 10y ago+1 I'm not sure if they're allowing this through for upper-tier competition. Although when you have a deal this large, the law firms are bound to be well connected and will be pulling every string they have to push the deal through.