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by enginerd
4433 days ago
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I agree that the merger approval is the original and bigger problem at large, however, unlike AT&T/Alltel this does not seem like 'monopoly prevention' but in fact just the opposite. Calling it 'saving-face' doesn't even do the situation justice. Sure, Comcast sells off 1.4 million viewers. The gap from No.1 to No.2 post-merge then grows from ~11m subscribers to nearly ~25m. Not only that, but as the LA Times article points out, this is "a fast-evolving industry that requires huge capital investments to maintain..." Competitors will be reluctant to enter an industry with such significant capital barriers, and why would they? Comcast owns their customers before they've even started. |
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