MacNN | Individual states launch Time Warner and Comcast merger investigation
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Individual states launch Time Warner and Comcast merger investigation
Wednesday, March 19, 2014 @ 12:15pm

Comcast and Time Warner Cable are facing more than just federal inspection of the merger between the pair. Reports are surfacing that Florida, Indiana, and other as-yet-unnamed states are looking at the transaction, in conjunction with the federal government effort by the US Department of Justice.



In an emailed statement to Reuters, the Florida State Attorney General's Office remarked that "we are part of a multi-state group reviewing the proposed transaction along with the U.S. DOJ (Justice Department) Antitrust Division." The email declined to mention the other states involved in the effort. Indiana's effort is intended to evaluate "the potential impact" to that state. Both the multi-state effort, and Indiana's (if separate from the larger group) focus is more on the impact on broadband access, speeds, and cost more than the broadcast media aspects of the deal. Comcast believes that the merger doesn't effect competitive efforts, as the pair do not compete in any markets. Despite the claims, the merged company would hold about one-third of the US broadband market. Despite 87 percent of the federal officials responsible for evaluating the merger having taken Comcast lobbyist money, there are still some vocal governental opponents of the merger. Senator Al Franken (D-MN) believes that the merger "will be bad for consumers of cable TV and the Internet. Consumers will end up paying more. There'll be less competition. There'll be less innovation and even worse service."

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • New Apple Store to open in Lille, France in November - 10:01 AM EST
  • Giveaway: come trick or treating with MacNN and Electronista all day! - 3:00 AM EST
  • Apple adds 15-inch 2014 Retina MacBook Pros to refurb store - 2:59 AM EST
  • Giveaway: Trick or Treat! Win a box full of new Mac Pro computers! - 2:37 AM EST
  • Review: Tablo DVR - 2:00 AM EST
  • Hands On: Organ Trail Director's Cut (iOS and Android) - 1:23 AM EST

    Today's iPodNN Stories:
  • Hungarian prime minister backs down from Internet tax proposals - 8:09 AM EST
  • Samsung Galaxy A5, A3 introduced with metal unibody design - 7:02 AM EST
  • Android co-founder Rubin leaves Google to found hardware incubator - 10:29 PM EST
  • Pirate Bay co-founder Gottfrid Svartholm Warg found guilty of hacking - 9:26 PM EST
  • Zuckerberg: Oculus needs to sell 100 million units to be 'meaningful' - 7:13 PM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.