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NY PSC Pushes Back Comcast Merger Decision
The New York Public Service Commission has announced that the agency will be delaying their decision on whether to approve Comcast's $45 billion acquisition of Time Warner Cable. In a PSC filing (pdf), the agency says they'll be voting on whether to approve the deal on November 13, significantly later than the October 2 vote originally scheduled. The deal will impact roughly 2.2 million consumers in New York State, and 3,000 comments have been filed with the PSC regarding the deal. With New York State recently passing a new rule requiring that mergers actually benefit the public interest, the agency has hinted they'll be fairly tough with their scrutiny of the deal. Whether this could go so far as to refuse to approve the deal entirely is unclear, but still unlikely.
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plk
Premium Member
join:2002-04-20
united state

1 recommendation

plk

Premium Member

wait till after elections

They have to wait until after the elections to sell the American public out.......again

CST
@162.135.0.x

CST

Anon

Re: wait till after elections

Yep - seems they've telegraphed that they've already decided and the public won't be happy.
ke4pym
Premium Member
join:2004-07-24
Charlotte, NC

ke4pym to plk

Premium Member

to plk
It will never, ever stop, either.

We're too fat, lazy and happy as long as we can tune into the latest episode of 16 and Preggers and be able to check our FB status from the chair.

woody7
Premium Member
join:2000-10-13
Torrance, CA

woody7 to plk

Premium Member

to plk
BOHICA......................................./
bop75
join:2013-11-08
0000

bop75 to plk

Member

to plk
Yup

josephf
join:2009-04-26

josephf

Member

PSC will get more concessions

And will sign off.

Titus
Mr Gradenko
join:2004-06-26

Titus

Member

Because we know

that The Staff run things.

KennyWest
@98.28.97.x

KennyWest

Anon

PSC

PSC shouldn't get to approve nor deny the merger. Neither company is a utility and therefore not regulated by the states as a whole unless the state regulated cable TV, and that is a far press issue. What NY doesn't realize is they either let the merger finish and let Comcast take over TWC or let TWC NY be spun off as its own company and let it fall apart until they have no other option.

Cable TV isn't needed to live nor is the Internet so they'll take it or leave TWC NY to fall apart under a new company.

TSWYO
Premium Member
join:2003-05-03
Cheyenne, WY

TSWYO

Premium Member

Re: PSC

I have to disagree on the internet part. It is becoming more of a necessity for daily life.

tshirt
Premium Member
join:2004-07-11
Snohomish, WA

tshirt

Premium Member

Re: PSC

said by TSWYO:

I have to disagree on the internet part. It is becoming more of a necessity for daily life.

And after the merger you'll still have HSI available (maybe even improved service)

Pretty minimal service can handle all the things that are "required" over the internet.
even dialup can do job search's, file taxes, unemployment, email politicians, etc

Oxygen is a necessity, watch porn* is not.

*whatever your entertainment desires might be
Skippy25
join:2000-09-13
Hazelwood, MO

Skippy25 to KennyWest

Member

to KennyWest
Sounds just like the same horror story everyone was telling when TMobile wanted to be purchased.

Yet look at TMobile now.... they are being very disruptive to the cartel like wireless industry.
Kearnstd
Space Elf
Premium Member
join:2002-01-22
Mullica Hill, NJ

Kearnstd to KennyWest

Premium Member

to KennyWest
However if the PSC has any involvement with franchising in NYS then they have every right to have input on the decision.
tmc8080
join:2004-04-24
Brooklyn, NY

tmc8080

Member

benefit?

the public has yet to get any significant benefit form Comcast swallowing NBC
all we see is musical chairs where after every round they remove one chair..

and you are the public paying higher prices for content and services without any choice in the matter..

dean corso
human.exe
join:2007-09-07

dean corso

Member

PSC will balk in the end.

They have no clout. Corporations own the government.