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Comcast and Time Warner Cable merger in doubt, report claims (DOJ)
CNN Money ^ | 4/17/2015 | CNN Money

Posted on 04/17/2015 9:05:49 PM PDT by Dallas59

A Bloomberg report on Friday cast new doubts on Comcast's long-gestating bid to buy Time Warner Cable.

The news wire, citing anonymous sources, reported that "staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block" the bid.

The attorneys "could submit their review as soon as next week," Bloomberg said. Then the department's leadership will decide whether to act on the recommendation.

The Justice Department declined to comment, and so did the other government agency that is reviewing the proposed merger, the Federal Communications Commission.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Crime/Corruption; Culture/Society; Government
KEYWORDS: comcast; comcasttwc; doj
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1 posted on 04/17/2015 9:05:49 PM PDT by Dallas59
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To: Dallas59

Might as well merge ... they are both crap.


2 posted on 04/17/2015 9:10:08 PM PDT by doc1019 (Blue lives matter)
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To: doc1019

Runny and smelly


3 posted on 04/17/2015 9:14:57 PM PDT by Dallas59 (Only a fool stumbles on things behind him.)
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To: Dallas59

Not to mention blood sucking. The technology gets cheaper and yet their prices keep going up.


4 posted on 04/17/2015 9:18:56 PM PDT by doc1019 (Blue lives matter)
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To: Dallas59

Time Warner Cable sucks you in with their internet..once you have high speed internet if you want to quit their TV services and go to Directv or elsewhere, instead of paying 35 bucks a month for high speed internet, you end up spending 60+ they are smart, they know how to suck you in


5 posted on 04/17/2015 9:22:48 PM PDT by Sarah Barracuda
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To: doc1019

Totally ridiculous that government is involved in this. If they want to merge it should not be anybody’s business except the customers who will have to decide what to do after the merger. I love Comcast actually but if they merge with Time Warner I don’t care as long as Comcast stays the way it is today.


6 posted on 04/17/2015 9:22:54 PM PDT by napscoordinator (Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
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To: doc1019

and both bend over to obamatard. Both can go to hell.


7 posted on 04/17/2015 9:43:51 PM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: Dallas59

holding them up for more money


8 posted on 04/17/2015 9:59:30 PM PDT by kvanbrunt2 (civil law: commanding what is right and prohibiting what is wrong Blackstone Commentaries I p44)
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To: Sarah Barracuda

yes i do my internet on a comcast box, (verizon was putting out about 1mp. comcast is around 32mp for the same price) but tv is free or via netflix


9 posted on 04/17/2015 10:02:27 PM PDT by kvanbrunt2 (civil law: commanding what is right and prohibiting what is wrong Blackstone Commentaries I p44)
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To: napscoordinator
"I love Comcast."

So you're the one....

10 posted on 04/17/2015 10:42:37 PM PDT by clintonh8r (ISIS IS ISlam/Christian lives matter!)
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To: Sarah Barracuda
Time Warner Cable sucks you in with their internet..once you have high speed internet if you want to quit their TV services and go to Directv or elsewhere, instead of paying 35 bucks a month for high speed internet, you end up spending 60+ they are smart, they know how to suck you in

Is that if you drop their so-called "Triple Play" (Internet, television, and telephone service), and go a la carte instead?

11 posted on 04/17/2015 11:11:15 PM PDT by AmericanExceptionalist (Democrats believe in discussing the full spectrum of ideas, all the way from far left to center-left)
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To: AmericanExceptionalist

We don’t have phone service with them but we do have Internet and cable tv with them..dvr box and two digital cable boxes plus the Internet for 119.00 bucks a month..we could go elsewhere for the tv but the problem is once you add the internet cost on top of it it ends up being more than time warner cable


12 posted on 04/17/2015 11:31:44 PM PDT by Sarah Barracuda
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To: Dallas59
High priced garbage merges with lackluster service.

Film at 11.

13 posted on 04/17/2015 11:38:04 PM PDT by Prole
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To: Prole; All
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14 posted on 04/17/2015 11:43:02 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Dallas59
The big killer for the deal here is that in the New York City and Los Angeles areas (the #1 and #2 media markets in the USA), the combined Comcast-Time Warner Cable would wield WAY too much monopoly power over cable TV systems. No wonder why the DoJ is opposed to the deal.
15 posted on 04/18/2015 3:39:41 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Sarah Barracuda

I don’t have another option for high speed internet with the same capability so it stinks, but what are you going to do...


16 posted on 04/18/2015 7:33:40 AM PDT by reed13k (For evil to triumph it is only necessary for good men to do nothings)
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To: clintonh8r

Yep. I also like the fact that it is a conservative company too.


17 posted on 04/18/2015 8:31:57 AM PDT by napscoordinator (Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
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To: napscoordinator

Really? In what way? The CEO is one of obama’s biggest supporters, and the company owns NBC, one of the most liberal media companies.


18 posted on 04/18/2015 8:36:35 AM PDT by clintonh8r (ISIS IS ISlam/Christian lives matter!)
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To: Dallas59

All propaganda. The industry has already started organizing and planning the cutovers. Documents have been signed and people are working on the actual date of cutover for each KMA.

This is a done deal. All palms have been greased.

The question now is just who is trying to gain what by saying the deal is in jeopardy.


19 posted on 04/18/2015 8:38:04 AM PDT by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: clintonh8r

Ridiculous! One of the most conservative companies in America just after Chick F Lay. Not sure where you are getting your information from. All the liberals I know hate it because the CEO is Conservative. I don’t care if they give to Democratic candidates....All companies give to both parties. That is why our system is so screwed up. Get rid of all money in politics and you won’t see the sucking up. Money is the root of all evil and when you see campaigns they are nothing short of evil.


20 posted on 04/18/2015 8:41:58 AM PDT by napscoordinator (Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
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