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Corporate Greed

News Story
9/15/2014
Posted by Mark Reback
Supporters of a Nov. 4 ballot initiative to increase medical malpractice awards blasted a Los Angeles County supervisor Monday for scheduling a board vote to oppose the measure after a group he founded accepted a $75,000 donation from opponents. Los Angeles County Supervisor Mark Ridley-Thomas called for the vote Tuesday, three months after the...
News Story
9/8/2014
Posted by Mark Reback
Click here to listen to the audio of this radio broadcast segment. The fight over Proposition 45 is shaping up to be a contest between insurance companies and consumer advocates. And so far, insurance companies have the upper hand. Proposition 45 opponents, led by the California Association of Health Plans and major health insurers like Anthem...
News Story
9/8/2014
Posted by Mark Reback
Tolstoy's line about all unhappy families being unhappy in their own way hardly needs validation from us in the 21st century. But still it would be interesting to see what he'd make of the increasingly bitter division between two state agencies that should be working hand in hand to improve health insurance coverage for Californians: the...
News Release
9/4/2014
Posted by Jamie Court
Santa Monica, CA – Consumer Watchdog said today that a one-minute radio advertisement released by health insurance companies opposed to Prop 45's health insurance rate regulation provisions fraudulently misrepresents the advertisement’s backers, the ballot measure, and the current state of the law governing regulation of health...
News Story
8/29/2014
Posted by Mark Reback
The first deadline for interested parties to file formal comments with the Federal Communications Commission regarding the proposed $45 billion merger of Comcast and Time Warner Cable passed earlier this week, and the roster of those who chimed in on the deal was impressive — and, in some regards, impressively divided. In all, more than 75,...
News Story
8/27/2014
Posted by Mark Reback
Sen. Al Franken (D-MN) used to get a paycheck from NBC, but since he’s gotten a high-profile gig on Capitol Hill he has been no fan of its current incarnation as Comcast/NBCUniversal. And he doesn’t want it taking on a new bride. Others agree. Stated Franken, “Comcast’s proposed acquisition of Time Warner Cable would...
News Release
8/26/2014
Posted by John M. Simpson
WASHINGTON, DC – Consumer Watchdog has filed formal comments calling on the Federal Communications Commission to reject the proposed $45 billion merger of Comcast and Time Warner Cable because the deal “is not at all in the public interest.” “The consolidation of the largest cable television providers would create a media...
News Story
8/8/2014
Posted by Mark Reback
Judge Lucy Koh says class action suit, also involving Intel and Adobe, has compelling evidence that former Apple CEO Steve Jobs was "a, if not the, central figure in the alleged conspiracy." A US district court judge has rejected a settlement reached in a wage-fixing lawsuit involving Silicon Valley powerhouses such as Apple and Google,...
News Release
7/31/2014
Posted by Jamie Court
Santa Monica, CA – Consumer Watchdog Campaign said that the smaller than usual rate hikes announced by Covered California today are good news for consumers and resulted in part from the presence of Proposition 45 on the ballot, which would require health insurance companies to get state approval before raising rates as they must in 35 other...
News Release
7/30/2014
Posted by Jamie Court
Santa Monica, CA --- The Proposition 45 campaign today said that WellPoint’s massive $731.1 million second quarter profit underscores the need for Proposition 45’s protections against health insurance price gouging. The profit report comes a day after the California Insurance Commissioner reported steep health insurance rate hikes for...