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villager

(26,001 posts)
Wed Apr 23, 2014, 11:08 PM Apr 2014

Esquire: Why Comcast Will Be Allowed to Buy Time Warner Cable and Kill Net Neutrality

For the past three years, Comcast's Senior VP of Governmental Affairs has been Meredith Baker. Baker's last job was the Commissioner of the Federal Communications Commission, where she signed off on the controversial NBCUniversal sale to Comcast in 2009.

Now we know that Baker, the former FCC Commissioner and a public official, was around to help make sure net neutrality died so Internet costs could soar, and that Time Warner Cable would be allowed to fold into Comcast, despite claims that the new megacorp might violate antitrust laws.

Neither the new net neutrality rules nor a Time Warner Cable sale to Comcast could possibly benefit an average consumer or a small business. Both are likely to pass anyway.

Today, the FCC announced it will allow for a euphemistic "Fast Lane on the web," demolishing Net Neutrality, and allowing content providers to charge both consumers and companies more if they don't want speed to their website or service artificially throttled.

It's a plan universally reviled by tech companies, who believe the low barrier to entry of a speedbump-free web allowed for the innovation boon that created the successes of Google, Twitter and Facebook.

Comcast is attempting to purchase TWC for $45 billion, and they'll need approval from the FCC to do it. That's where Baker comes in.

Critics of the deal, like Slate's Matthew Yglesias, argue that the purchase of the country's second-largest cable operator by the biggest cable operator "will in effect turn two medium-size regional monopolists into a big sprawling monopolist. But in terms of consumer-facing competition, you're going from zero to two times zero."

<snip>

http://www.esquire.com/blogs/news/comcast-twc-chart



9 replies = new reply since forum marked as read
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Esquire: Why Comcast Will Be Allowed to Buy Time Warner Cable and Kill Net Neutrality (Original Post) villager Apr 2014 OP
Kick, because everyone should quit bitching about Clinton/Warren and focus on what's important. Efilroft Sul Apr 2014 #1
Between Clinton and Warren radiclib Apr 2014 #2
Why do you love Putin!? villager Apr 2014 #3
Ok, that was funny. blkmusclmachine Apr 2014 #5
I'm not sure HRC has met a Big Bidness Plan that she DIDN'T like. blkmusclmachine Apr 2014 #4
Whomever is elected, I suppose n2doc Apr 2014 #8
Call me naive radiclib Apr 2014 #9
k&r proReality Apr 2014 #6
Put more simply Prophet 451 Apr 2014 #7

radiclib

(1,811 posts)
2. Between Clinton and Warren
Thu Apr 24, 2014, 12:33 AM
Apr 2014

..who would be more likely to oppose this? Oh, nevermind. Not important, I guess.

n2doc

(47,953 posts)
8. Whomever is elected, I suppose
Thu Apr 24, 2014, 06:43 AM
Apr 2014

Obama once supported Net Neutrality. Then he got elected to President, and that all went out the door. I would expect the same of anyone elected in 2016. Money uber alles.

radiclib

(1,811 posts)
9. Call me naive
Thu Apr 24, 2014, 08:06 AM
Apr 2014

but I don't think Warren can be bought so easily. It may take more drastic measures to neutralize her.

Prophet 451

(9,796 posts)
7. Put more simply
Thu Apr 24, 2014, 02:10 AM
Apr 2014

It will happen because the USA is a fascist (i.e. corporatist) nation, corporations rule the country and everyone should learn to live with it.

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