April 24, 2015
For Immediate Release
Contact: Tracy Rosenberg, Media Alliance (510) 684-6853 (mobile)
Comcast-Time Warner Merger Falls Apart
Department of Justice and FCC Cite Merger As Anti-Competitive and Comcast Withdraws Application
Oakland-This morning media justice advocates celebrated as the merger of Comcast Corporation and Time Warner Cable came to an abrupt end with this morning’s withdrawal of the merger application.
The proposed merger, which looked unstoppable when announced in 2014, would have produced a vertically-integrated megacompany with monopoly power in high-speed broadband and a record of favoring their owned content over competing content. Continue reading Comcast-Time Warner Merger Falls Apart