It looks like the DOJ may sue to block the Comcast Merger:
Staff attorneys at the Justice Department’s antitrust division are nearing a recommendation to block Comcast Corp.’s bid to buy Time Warner Cable Inc., according to people familiar with the matter. Attorneys who are investigating Comcast’s $45.2 billion proposal to create a nationwide cable giant are leaning against the merger out of concerns that consumers would be harmed and could submit their review as soon as next week, said the people.
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I think this is definitely good news for internet service going forward.
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Hopefully they will go through with this....
It looks like the reports were correct:
Comcast is calling off its multi-billion dollar attempt to buy fellow cable provider Time Warner Cable, according to Bloomberg.
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dont count out comcast and timewarner yet. they have the best paid lawyers on their side. not to mention whatever lobbying force they have in congress
I think I read a Verge article about this saying Comcast can't answer the only question that matters and that is how it benefits consumers.
Of course they can't, because it doesn't lol.
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