Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Consumer groups dance on the grave of Comcast-TW deal

Grant Gross | April 27, 2015
Consumer groups are cheering the news that Comcast abandoned its proposed US$45 billion acquisition of fellow cable and broadband provider Time Warner Cable, saying it's good for customers and demonstrates the power of Internet activism.

The FCC's decisions related to the deal strike of an anticapitalist agenda promoted by President Barack Obama's administration, said Mike Wendy, president of MediaFreedom.org, a free market advocacy group.

"The administration wants nothing to do with the private economy shaping ideas and information, which is dangerous," he said by email. "They must always be controlled to its liking. So, if you're unlucky enough to be a successful communications company in America, watch out. The most powerful have been toppled here."

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.