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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUnbelievable...Time Warner and Comcast may merge....One Big Monopoly
Saw this on the NBC business news page. Unfortunately, can't link to story because am on mobile device.
Gist of it is the two cable companies may be combined. BOTH OF THEM ARE ALREADY monopolistic giants, and this would create an immense monopoly in the cable and related industries.
It is in the prelinary, exploratory phase, but....
IF this goes forward, and if our so-called government allows it, then we might as well give up any hope that there is anything in this goddamn country to prevent the complete and total takeover of our economy and society by a handful if corporate oligarchs.
This can not be allowed.
Galileo126
(2,016 posts)I really ... REALLY can't stand Time Warner Cable.
They have a monopoly where I live (Mojave Desert)...and they frequenty advertise a bundle for $79.99/month ( TV, land-line, internet).....while I pay $155/month as a long-time costomer.
Like I said, TWC sucks....
-g
Lugnut
(9,791 posts)This is ridiculous.
Of course Republicans (and some Democrats, perhaps) tore it down.
ReRe
(10,597 posts)but no one seemed to hear him. (I miss him so much.)
Eventually, the effing world is going to be owned by
ONE corporation.
2014!
Ratty
(2,100 posts)I'd never heard of this case and can't find much in the MSM about it. I think media consolidation and corporatization is the largest threat this country has ever faced.
ON EDIT. Big oops. Just saw this debunked on snopes: http://www.snopes.com/politics/business/matrix.asp How embarassing, but I'll leave the posting up anyway.