The problem there are the endemic local monopolies on internet and cable rights that prevent meaningful competition. (I have no disagreement that Comcast/Xfinity aren't anyone's favorite company.)
Exactly, and in this situation, the Board of Directors would probably work diligently to maintain that which differentiates Comcast from its competition, namely political leverage and monopolistic behaviors in their areas.
It's not a failure of the Board of Directors to think this way. Its sole purpose is to provide shareholder value within the existing legal framework. Like they said in the article, those on the Board who don't produce value get removed.
It's not a failure of the Board of Directors to think this way. Its sole purpose is to provide shareholder value within the existing legal framework. Like they said in the article, those on the Board who don't produce value get removed.