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11% of U.S. Residents Approve of Comcast Merger
by Karl Bode 03:25PM Friday Jun 27 2014
According to a new survey by Consumer Reports, just 11% of United States residents are in favor of Comcast's $45 billion acquisition of Time Warner Cable. 56% of those polled oppose the merger, and 74% believe that the merger will increase cable and internet prices for everyone. 74% also believe the merger will reduce overall market choices by making it harder for smaller companies to compete. 66% believe "that the lack of competition will leave Comcast with no reason to bother improving their customer service" (which is happening whether the companies merger or not courtesy of already poor competition levels), and 61% of those polled believe regulatory approval of the deal will result in additional companies striking similarly-massive deals.


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jmn1207
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reply to openbox9

Re: Market Choices?

said by openbox9:

Well, ok. Things seem to be working much better with Comcast by minimizing the middleman's involvement. That says something

Only Comcast is minimizing the middleman's involvement, from a financial perspective, and only because Comcast has a huge number of captive customers that can be used to extort payments from companies that have already paid their fair share to reach Comcast's customers. Companies that provide media content being requested by Comcast's customers still have to pay to have the data transmitted to Comcast.

It's a terrible precedent and is anti-competitive with the big losers being the customers and the content providers, at least in the US and a few other places in the world where ISPs enjoy market dominance. Other places do not have problems where a company like Netflix has to pay troll tolls to keep their business alive, nor should they have to, unless your interest is strictly seeing the US ISP conglomerates increase their profits at the expense of innovation, quality, customer relations, and everything else positive that comes from a free market.


nekkidtruth
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reply to openbox9
I don't think the issue is a differing opinion. I think the issue is it's in stark contrast to reality.
--
Weeeeeee

APG
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11% of US residents have a clue what the Comcast-TWC merger is about...

... while 89% just know the ravings of an obviously biased media. You know, the same media that encourages Google Fiber to wire the entire country so that there really is a monopoly... owned by a data collection company that makes the NSA blush.

Cable and broadband may not be in the best of shape, but news reporting in this country is at an absolute zero.


jmn1207
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reply to ITGeeks

Re: Customer service

Content providers will be forced to pay tolls to gain access to captive customers in these non-competitive markets. It's already happening with Netflix. The bigger the conglomerate in a dominant market, the more onerous the demands for these troll tolls, and the customers lose in both innovation and price.


jmn1207
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reply to ITGeeks

Re: Market Choices?

I don't think that TWC would be able to extort nearly as much money from Netflix as Comcast will be able to based on the number of captive customers they have. This merger has impacts that are not as evident up front, and it is for many of these reasons that Comcast want this merger to happen.


Packeteers
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NYState Residents Read

please email: secretary@dps.ny.gov
subject: Case 14-M-0183, Petition of Comcast Corporation and Time Warner Cable Inc.
attn: Hon. Kathleen H. Burgess Secretary, Public Service Commission

in the body write your personal reason you do/not approve of this merger. include a real name and zip code - as this will become part of the public record on this matter.

»documents.dps.ny.gov/public/Matt ··· 4-m-0183

»stopthecap.com/2014/06/17/though ··· -merger/

NYState alone may not be able to block the merger, but it could put some conditions on how they operate in our State to help protect consumers, and unlike the FCC, our PSC is not in the back pockets of the telecom/media giants, so they can do something, we just have to let them know it's really important to us