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Comcast's ridiculous argument for buying Time Warner Cable: 90 Seconds on The Verge

2014-04-09
comcast is working with the FCC to merge with Time Warner Cable the problem its argument is complete I'm adi robertson and this is 90 seconds on the verge this week comcast is laying out its arguments to the FCC for purchasing Time Warner Cable basically it's defense breaks down into two main points one comcast is not directly competing with Time Warner Cable in any market and to the consumers still have lots of other options for internet and TV well the first point is technically true it fails to acknowledge the sheer size of a combined Comcast Time Warner Cable network and the power it could wield if the acquisition is approved Comcast would have a combined 30 million subscribers for internet and TV that would be over three times the next largest service as far as Comcast arguing there will still be plenty of competition out there it's important to note what comcast considers competition the company defines its businesses internet and video that means that any media box or video service from netflix and youtube to even Apple and Facebook Comcast counts as competition but the thing is all those services actually require Comcast to function and Comcast argument about internet competition is even flimsy Google fiber's potential expansion is listed despite only operating in two small markets right now Comcast then goes for the mother of all exaggerations by claiming 4G LTE wireless as a potential choice for customers despite having slower speeds and much much smaller data caps for the price none of this even takes into account Comcast ownership of nbcuniversal and all its properties for more on the Comcast Time Warner Cable merger check out the verge coming up Comcast completes the last step in vertical integration by acquiring your eyes
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