The New York Times editorial board yesterday urged the FCC and the U.S. Department of Justice to block Comcast’s $45 billion acquisition of Time Warner Cable.
The Times warns against one media company having too much power:
Even so, this merger would fundamentally change the structure of this important industry and give one company too much control over what information, shows, movies and sports Americans can access on TVs and the Internet. Federal regulators should challenge this deal.
A recent survey shows the two companies poised to merge have the most dissatisfied customers among subscription TV and ISP services.