Sen. Al Franken Tells FCC, FTC, and DOJ Comcast-TWC Merger Goes in the ‘Wrong Direction’

Senator Al Franken (D-Minnesota) has come out strongly against a proposed merger between Comcast and Time Warner Cable. In a letter to the Federal Communications Commission, the Department of Justice and the Federal Trade Commission, Sen. Franken said that there is already not enough competition in this [we assume he means broadband and cable television] space and this deal goes in the wrong direction. He also said that he is thinks this deal will increase cable prices and decreased the quality of service for Time Warner Cable customers.

"My constituents express frustration at being squeezed by unacceptably high cable bills every month," he wrote in his letter, adding later that he was "concerned that Comcast’s proposed acquisition of Time Warner would only make things worse for consumers."

Comcast announced yesterday that it planned to buy out Time Warner in a $45 billion stock deal, which comes to roughly $159 a share for Time Warner Cable stockholders.

The deal is still subject to regulatory approval by various U.S. agencies.

You can read Franken's full letter here.

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  1. 0
    IronPatriot says:

    Thank you, Al Franken! 

    Where is the rest of Congress on this?

    Time to vote OUT any politician who favors monopolist corporations over people (cough – the entire Republican Party – cough) 

  2. 0
    Cecil475 says:

    In general, The biggest thing I'm afraid of is having data caps being put on the internet. I don't know if this can happen to regular broadband like it can on mobile devices.

     – W

  3. 0
    black manta says:

    Go Al! :)

    If there's a silver lining to all this, hopefully it'll give Verizon the impetus to restart the expansion of their FiOS service, if for no other reason than they need to offer an alternative to those who have Comcast.  My fiancée and I had been having problems with Comcast for a while, and once FiOS became available in our area, we dropped Comcast like a hot potato.  We already had Verizon for our phone service, so it made sense to bundle it along with our cable and internet.  We've had them for the last few years, and have been happy with them ever since, never once having had an issue with them.

  4. 0
    jedidethfreak says:

    As I understand it, part of the deal for Comcast to buy NBC involved them not being allowed to do that.  If they buy out TWC, those restrictions would still be in place, and you'd benefit.

  5. 0
    Andrew Eisen says:

    "He also said that he is thinks this deal will increase cable prices and decreased the quality of service for Time Warner Cable customers."

    Yep, as a Time Warner customer (because that's the only thing available in my area), that's exactly what I'm afraid of.  And I already deal with throttled upload speeds.  Quite the pain in the butt for a YouTube producer.


    Andrew Eisen

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