Home › merger

merger

Blog Post
3/27/2014
Posted by John M. Simpson
You'll recall I sent letters to the Department of Justice and the Federal Communications Commission on Monday urging that they block the proposed $45 billion Comcast- Time Warner deal.  Today -- only three days later -- I was pleasantly surprised to receive a response from the DOJ. As I pointed out in my letters, the proposed deal is bad...
News Story
3/25/2014
Posted by Mark Reback
Deep pockets for lobbying, political connections that cross borders from municipalities to the federal government, and just plain political savvy could help Comcast (Nasdaq: CMCSA) overcome opposition from consumer groups to its proposed multi-billion-dollar acquisition of Time Warner Cable (NYSE: TWC). The latest group to oppose the transaction,...
News Release
3/24/2014
Posted by John M. Simpson
WASHINGTON, DC – Consumer Watchdog today called on the U.S. Department of Justice and the Federal Communications Commission to reject the proposed $45 billion merger of Comcast and Time Warner because the deal “violates antitrust laws and is not in the public interest.” “The consolidation of the largest cable television...
News Story
3/6/2014
Posted by Mark Reback
Albertsons is making a play for the top spot in the U.S. grocery industry with the purchase of rival Safeway for more than $9 billion in cash and stock. Safeway, now the second-largest chain behind Kroger Co., owns the Vons and Pavilions brands in Southern California. With the purchase, Albertsons would operate more than 2,400 stores, compared...
News Story
2/16/2014
Posted by Mark Reback
At first glance, Comcast's proposed merger with Time Warner Cable may not look like it would matter much to the Bay Area, since only Comcast is available here. But the deal is bad news for both local Comcast customers and for Silicon Valley's Internet companies. The merger would not only unite the nation's two largest cable companies,...
News Story
2/14/2014
Posted by Mark Reback
Comcast Corp. will buy Time Warner Cable Inc. for about $45.2 billion in a deal that combines the nation's top two cable TV companies and would create a dominant force in both creating and delivering entertainment to U.S. homes. The all-stock deal was approved by the boards of both companies. It is expected to close by the end of the year,...
Video
2/13/2014
Posted by Consumer Watchdog Admin
Comcast and Time Warner has proposed a merger to unite the two media giants. The American Consumer Satisfaction Index ranked both companies' television and Internet services the lowest in the nation. Will this monopoly bring lower prices, or angry customers? John Simpson held a press conference today to talk about the concerns many of us are...
Video
2/13/2014
Posted by Consumer Watchdog Admin
Comcast and Time Warner's planned $44 billion merger may not bring much joy for their  subscribers.The combined company would bring cable or Internet service to about a third of American subscribers. That would give Comcast, which is already the nation's largest TV, Internet and home phone provider, an even more sizable lead on its...
News Release
2/13/2014
Posted by John M. Simpson
SANTA MONICA, CA – Consumer Watchdog is calling on the U.S. Justice Department and the Federal Communications Commission to block Comcast’s deal to buy Time Warner Cable for $45 billion because it is anti-competitive and not in the public interest. “Combining the two largest cable television providers into one company would...
News Story
2/13/2014
Posted by Mark Reback
New York (AFP) - Comcast unveiled plans Thursday to swallow Time Warner Cable in a deal uniting the two largest US cable operators, triggering calls to block the creation of a sector superpower. News of the $45.2 billion deal raised regulatory concerns about the reach of Comcast, which owns NBCUniversal's film and television assets and is one...