Comcast-Time Warner Review Wonâ€™t Be Led by Antitrust Chief
The deal between Comcast and Time Warner is going to be reviewed, but not by the antitrust chief Bill Baer. This is due to Bill Baer working for one of the companies in the last 2 years. Under the Obama adminstration, they found it unethical for officials must not interact with former employees in the past 2 years.
The Comcast ad Time Warner deal could be argued to cause a monopoly. There are only a few big TV and internet service providers in the United States. Merging two of the biggest ones would really distrubt the distrobution of customers. On top of that, Comcast also owns network television stations as well. So not only would they be controlling a big market of the television market, but they theoretically decided what everyone watches as well. This is scary, as they can choose what they want to cover in the news.
Also, the Obama administration did a good job on making sure that officiails can not contact former employers. This is a step in the right direction for coruption in the United States. However, a lot more needs to be done in order to ensure that the United States is corruption free.
There are no comments to this post(Back to hamlinjf blog | Write a Comment | Subscribe)
facebook | del.icio.us | digg | stumbleupon | RSS | slashdot | twitter