Senate Judiciary Committee to Hold Comcast-TWC Merger Hearing in March

Today the United States Senate announced that it plans to hold hearings on the Comcast-Time Warner Cable merger. The hearing is scheduled to take place March 26 before the Senate Judiciary Committee. The hearing is to figure out how the merger might affect market competition, television services, internet pricing and more. No doubt the FCC's Open Internet Order will be talked about during this hearing as well.

One of the facts lost in the shuffle of this deal is that Comcast would secure other media properties in addition to owning NBC Universal -related properties including New Line Cinema, Time Inc., HBO, Turner Broadcasting System, The CW Television Network,, Warner Bros., Kids' WB, Cartoon Network, Boomerang, Adult Swim, CNN, DC Comics, Warner Bros. Animation, Cartoon Network Studios, Hanna-Barbera, and Castle Rock Entertainment.

"The merger of Comcast and Time Warner Cable touches on important policy questions about how Americans access these valuable services," said Senate Committee Chairman Patrick Leahy in a statement.

"It also presents a critical moment to discuss net neutrality principles that have allowed the Internet to remain an open marketplace for ideas."

The merger must also meet the approval of the Federal Trade Commission, the Justice Department and the Federal Communications Commission.

You can read Senator Leahy's statement here.

Source: Reuters

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  1. 0
    ZippyDSMlee says:

    But but I like my crappy ideas 😛

    The trouble is a lot of the monopoly rules are ignored ,so what do you do when they are become scoff laws, tho as far as the FCC goes just get out of regulating content and try harder to have as many service options in a region as possible via eminent domain,ect. What we have now is not good and its getting worse and worse.

    I suppose you could mandate that to give as many choices to a region as possible damn who owns what since they ignored doing what they were supposed to do(expansion,ect) when government gave them all that money..

  2. 0
    Sora-Chan says:

    I really have nothing more to say beyond that link on the subject of market holds.


    On the subject of the FCC, I disagree, they deal with more than the stuff you've listed.

    The problem the FCC has is that the companies that they try to put regulations on use their big money to lobby against them to prevent having to be legally bound. So if you're unhappy with the FCC unable to do it's job, don't put the blame entirely on them for being blocked from doing their job.

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  3. 0
    ZippyDSMlee says:

    Add a rule ,in the event of 5 or less companies owning more than 70% of the market those company(s) are broken up and their service prices halved.

    Its unlikely they would merge anyway as they would lose too much money.

    Hell I'd rather they get rid of the FCC but keep the parts that regulate wireless bands and land lines, nationalize the land lines then drop a fee on them to maintain it and let them fight amongst themselves to grow infrastructure and/or offering connection services. Then tact on a rule that each service can not use more than 15% of the local network bandwidth. New infrastructure would be capped at 25% for expansion and 20% for more than 25% boost in bandwidth for 5 years to spurn them on to build build build.

  4. 0
    Daniel Lazzari Jr says:

    And in ten years, how do we deal with the massive blowback of having a single corporation own most of the communications lines, most of the media creation companies, and no limits on pricing structure?

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