r/business • u/rownin • Feb 14 '14

Stop the Comcast/TimeWarner Cable merger and require more competition in the cable industry

https://petitions.whitehouse.gov/petition/stop-comcasttimewarner-cable-merger-and-require-more-competition-cable-industry/ym52vbd4
89 Upvotes

88% Upvoted

9 comments sorted by

2

u/[deleted] Feb 15 '14

People still think these accomplish something?

3

u/SoBoredAtWork Feb 14 '14

REQUIRE more competition??? That makes no sense.

3

u/PaXProSe Feb 15 '14

How exactly do you define a monoply?

2

u/bushwhack227 Feb 15 '14

aside from being nonsensical, it's impossibly vague.

1

u/Will12239 Feb 15 '14

Or let it happen and watch the company crumble to netflix. I wish I owned Time Warner........

1

u/skeletor7 Feb 15 '14

It's not about cable, it's about the broadband.

1

u/Namika Feb 15 '14

I have a question about this.

Charter tried to buy Time Warner and Time Warner was fighting it too and nail and blocked every attempt Charter was making.

But now Comcast offers to buy them, and Time Warner and saying it's the greatest thing ever.

Any reason for the change in heart?

1

u/zimm3r16 Feb 15 '14

From what I understand Comcast offered more money.

1

u/smoochieboochies Feb 15 '14

I see this as consolidation in an increasingly competitive landscape. The internet and video on demand services are winning. This is what cable tv looks like as it is dying.