From WorkingFamiliesParty.org:
America’s two largest cable and internet companies want to merge into one monopolistic giant. Less competition means higher prices and worse service. Tell the FCC and Dept. of Justice to protect consumers and stop this merger!
Why this matters, from CNN.com:
“An enlarged Comcast would be the bully in the schoolyard, able to dictate terms to content creators, Internet companies, other communications networks that must interconnect with it, and distributors who must access its content,” said John Bergmayer, senior staff attorney for online consumer activist group Public Knowledge. “By raising the costs of its rivals and business partners, an enlarged Comcast would raise costs for consumers, who ultimately pay the bills.”
Background info, from WorkingFamiliesParty.org:
The US already lags behind every other developed nation when it comes to internet speed and affordability. That’s because giant telecom companies have almost no regulation. Rather than invest in infrastructure and expand speed and access, these corporations focus only on short-term profits, forcing customers to pay more money for less reliable service. Now these giant corporations want to get even bigger.
Just what we don’t need, more media consolidation and corporate monopolies.
Exactly! If this merger happens, this country will be going backwards in terms of trying to keep business fair and competitive, not to mention consumer rights.
Apparently the govt has to approve the merger. Wouldn’t this kind of merger be breaking anti-trust laws?
It probably does violate anti-trust laws, but this new era of corporatism (merging state and corporate power) simply allows it regardless. Institutional corruption at its worst.
😦
Do not allow merger!