Time-Warner

The ‘false-on-its-face’ telecom claim of increased costs to consumers is designed to protect their unregulated monopolies that charge too much and provide terrible service.

This week Comcast, which is fast becoming a monolith, purchased Time-Warner Cable. Comcast claims the deal does not reduce competition because the two companies serve different areas of the country. (In another decade, the argument was used by oil giants claiming the gas stations of purchased companies did not overlap with the buyer’s). For Comcast, Time-Warner brings with it the very important New York, Los Angeles and Dallas markets. Is not size by itself power?