For Insiders Only
The
communications giant Comcast announced in February that it
would buy Time Warner Cable for $45 billion, creating the largest cable
provider in America, with more than 33 million customers. That is about
one
third of the U.S. cable and satellite television market. FCC approval is
required for the merger to go into effect. Critics of the deal say it
would
lessen competition and lead to even shoddier customer service. They are
probably right, as all of us will soon find out, because there is little
chance the merger will be stopped. Comcast, Time Warner, and their
political fixers have spent years preparing for this moment—by buying
off the
Democratic Party.
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