The country's top antitrust official, Bill Baer, will be recused from reviewing Comcast's proposed $45 billion acquisition of Time Warner Cable, reports Reuters. Baer represented NBC Universal owner, General Electric, when Comcast successfully acquired NBC Universal back in 2011. Leading the antitrust review will be Principal Deputy Assistant Attorney General Renata Hesse and Deputy Assistant Attorney General David Gelfand. Renata Hesse was the FCC's top antitrust official during the review of the AT&T's rejected attempted takeover of T-Mobile.
Why? It won't change anything from what it is today. And why does Comcast buying TWC have anything to do with you giving up the Internet? But I'd be willing to bet that you'd never give it up even if the merger did go through.
AT&T had 8 years to bring next generation broadband to BellSouth customers. Instead, they brought a pathetic pack of lies and headaches for the consumer with de-facto cable monopolies because of their inferior infrastructure build-- and that's where they decided to build at all. Making Comcast greedier does nothing to help the consumer or light a fire under AT&T to abandon DSL for fiber optics direct to the consumer.
Innovation reached a plateau with prices and services the consumer either can't access or afford. Therefore, it doesn't matter if you have one or the other. Your still screwed.
The issue is the pressure they can apply on Netflix and others (more likely TV networks in immediate future) with such large market control. Nobody is going to be able to stand to lose so many customers in a peering and/or broadcast fee dispute. Collusion was possible before, but under one company it's garenteed.
2014-Mar-7 4:32 am: ·
tshirt Premium join:2004-07-11 Snohomish, WA kudos:5
Quash this before it happens so I don't have to give up internet.
Wouldn't quashing it before her public investigation, imply the same sort of predetermined outcome not based on facts you oppose? Or you don't care if it ends decision is the one you favor, it's only illegal favoritism if it goes against you?
quote:Washington, D.C. -- Federal Communications Commission Chairman Julius Genachowski announced today the appointment of Renata Hesse as Senior Counsel to the Chairman for Transactions. Ms. Hesse (no relation to Dan Hesse, CEO of Sprint)