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FCC Shot Clock on Comcast Merger Begins
by Karl Bode 09:11AM Friday Jul 11 2014
The FCC's 180-day regulatory "shot clock" governing the review of Comcast's attempted acquisition of Time Warner Cable has begun counting down. Comments and petitions seeking to stop Comcast's acquisition of Time Warner Cable (and the spin off of significant assets to Charter) are due to the FCC by August 25. Comcast will then have until Sept. 23rd to respond to those comments, with replies to Comcast comments due by October 8. "We fully expect a robust debate, and that's what the FCC process is for," Comcast said, adding, "but we believe that once all the facts are in the record, it will show the significant advantages that bringing these companies together will bring."


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devjonfos
Premium
join:2004-06-04
99999

2 recommendations

Comcast hasn't raised my cable bill this year?

Comcast hasn't raised my cable bill this year? Oh, wait, that's right, this is the year of the merger...never mind.

deadzoned
Premium
join:2005-04-13
Cypress, TX

2 recommendations

reply to 78036364

Re: problems with Comcast TWC Merger

Are you actually insinuating that we don't get price increases because of all the money they are saving on not investing in infrastructure?! Cable price get raised twice a year, without fail. How is making one company even bigger going to be the magic bullet that makes them invest in infrastructure? Forget about the price increases because that will happen no matter what...


Morac
Cat god

join:2001-08-30
Riverside, NJ
kudos:1
Reviews:
·Comcast

1 edit

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reply to ITGeeks

Re: Advantages

said by ITGeeks:

What competition are they reducing?????? Explain that??? TWC and Comcast do NOT compete in anyway shape or form.

And this is part of the problem. Comcast has no competition (with the exception of FIOS in a few locations). Comcast can already basically do whatever they feel like. Outlet fees? Yep. Fees for using your own equipment? Sure. Fees for pulling in OTA broadcasts? Sure why not.

Though the reduction in competition he is talking about is actually in the industry, not on the consumer level. When you have one de facto provider of TV/Internet, that company has a huge amount of leverage over other companies, even if they don't directly compete.

Remember also, that Comcast isn't just a Cable TV/Internet provider, they are a multi-media company that owns NBC-Universal. They can charge themselves nothing or very little for channels they own and also license TV/movies from studios they own to them for next to nothing as well. You'd be surprised by what Comcast owns.
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Uplinkpro

join:2008-02-11
Lake Charles, LA

2 recommendations

reply to ITGeeks
The shill is strong in this one.

Contrary to what you might believe there are areas that, while very limited and certainly not the rule, these two companies overlap and thus compete. So yes, them merging will actually reduce competition, but the real problem is that it will become an even larger monopoly/monopsony. There are reasons for the Sherman Antitrust Act and this is one of them.

I'll just leave this here so you can read up on it - »en.wikipedia.org/wiki/Sherman_An ··· nal_text

Going by the interpretations of the text one could say ISPs that have data caps but exempt certain services from those caps but not others of a similar type (like Netflix vs ISPs version of Netflix) can run afoul of the law.


Goliath2k
Premium
join:2013-12-28
united state

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reply to nothing00
You forgot the most important advantage of them all:

- Comcast will guarantee continued "campaign funding" for whatever Congress people help make this merger a success


nothing00

join:2001-06-10
Centereach, NY
Reviews:
·Verizon FiOS

5 recommendations

Let's see:
- Reduced competition
- Greater leverage over broadcast content providers
- Greater leverage over pay TV content providers
- Greater leverage over Internet content providers
- Greater pricing flexibility
- Reduced cost structure, fewer employees
- Reduced cost structure, hardware volume & standardization
- Reduced cost structure, lower R&D costs

Of all of these that I can think of as real advantages, none is advantageous to the consumer.