StopMegaComcast
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'Stop Mega Comcast' group aims to kill the Time Warner merger
Comcast just can't catch a break. Opponents of the company's $45 billion Time Warner Cable merger have gathered forces to create the "Stop Mega Comcast" coalition, just as the FCC has announced that it's restarting its regulatory review of the deal. The group, which includes Dish Network, the communications non-profit Public Knowledge and others, serves as a united front against the merger. Comcast is already the largest cable provider in the U.S., but the Time Warner deal would make it even more of a juggernaut with 11 million additional customers and control of 50% of the home broadband market. "This much power concentrated in the hands of one company would be frightening even for the most trustworthy of companies," Public Knowledge's CEO Gene Kimmelman said in a statement. "And Comcast is definitely not that."
