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Comcast takes merger case to Washington

J

JayR

From CNN Money:

Comcast takes merger case to Washington

Comcast and Time Warner Cable want to join forces. But first, they've got to win over Washington.

The companies took a big step on that front Tuesday, filing a merger application with the Federal Communications Commission. On Wednesday, their representatives will appear before the Senate Judiciary Committee to plead their case.

A chorus of commentators and non-profit groups have denounced the proposal since the firms first announced it in February, charging that it will further reduce competition in the cable and broadband industries.
Click to expand...

I'm glad I'm not restricted to traditional cable tv.
 
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