A Cable Merger Too Far

Image: Cagle Cartoons

Image: Cagle Cartoons

The New York Times Editorial Board

There are good reasons the Justice Department and the Federal Communications Commission should block Comcast’s $45 billion acquisition of Time Warner Cable. The merger will concentrate too much market power in the hands of one company, creating a telecommunications colossus the likes of which the country has not seen since 1984 when the government forced the breakup of the original AT&T telephone monopoly.

The combined company would provide cable-TV service to nearly 30 percent of American homes and high-speed Internet service to nearly 40 percent.

Read more.

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