Chilling Effects of Comcast Time Warner Merger

02-28-2014 • Next News Network

WASHINGTON DC | The merger between Comcast and Time-Warner cable is a concern to many independent cable providers and others. Critics of the merger, like our guest today believe the purchase will create a monopoly that will dominate the marketplace. When Comcast recently purchased NBC Universal, the company pressed hard for Federal approval. It is interesting to note that FCC Commissioner Meredith Attwell, soon after approving the deal, was hired by Comcast. The terms of her employment deal have never been disclosed. Other than a former FCC Commissioner in their employ - Comcast has close ties to the Obama Administration that may help rubber stamp the merger. Comcast CEO, Brian Roberts, has enjoyed Golf outings with President Obama on Martha's Vineyard, while Comcast Executive Vice President David Cohen is a frequent White House guest and major fundraiser for the Democratic Party.