Time Warner Cable

"They talked a lot about the benefits, and how much they were going to invest in Time Warner Cable and improve the service it provided, but every time you talked about industry consolidation and the incentive they would have to leverage their market power to hurt competition, they gave us unsatisfactory answers."-- an unnamed senior Senate staff aide, quoted by the NYT's Eric Lipton regarding Comcast's massive lobbying efforts for its takeover of Time Warner Cable"No amount of publi

Last week Robert Reich penned a column about the Comcast acquisition of TimeWarner for his blog that I've been meaning to pass along, Antitrust in the New Guilded Age. I was a senior executive at TimeWarner when the horrific AOL merger happened. It's what led to me deciding to retire.

"Comcast perfectly fits the old notion of monopolists as robber barons, so-called by analogy with medieval warlords who perched in their castles overlooking the Rhine, extracting tolls from all who passed.

In his 1995 article for Business On A Small Planet, Corporations and the Public Interest, Jonathan Rowe helped put the intent behind the rise of corporations into a perspective that has been lost over the decades.

by KenMy first thought on hearing of Comcast's acquisition Time Warner Cable (which as far as I can tell is a more accurate description than a "merger" of the country's no. 1 and no. 2 cable-TV companies) was: They're not gonna let that happen, are they?