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Comcast's Time Warner Cable purchase is a merger of monopolies

Jason Snell | Feb. 14, 2014
Once the news that Comcast plans to buy Time Warner Cable broke, the freakouts began. It's yet another story of anti-consumer corporate consolidation that decreases competition, right?

Some would say Internet access is a human right; it's certainly a vital part of 21st-century society. As Steven Levy astutely tweeted, that portion of Comcast's business should be regulated like the old AT&T, so Comcast can't use its monopoly to distort other emerging markets. The future of not just Netflix, but the next Netflix, and the next Spotify, and some new Internet-based service in a category we haven't even conceived of, depends on it.


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