The Comcast - Time Warner Cable merger has been in the works for so long , it ’s part to feel like the impendingmonopolistic telecommunication Frankenbabywas inevitable . But the Justice Department may kibosh the deal for rape antitrust laws , according toa report from Bloomberg .
Attorneys who are investigating Comcast ’s $ 45.2 billion proposition to make a nationwide cable giant are leaning against the fusion out of care that consumer would be harmed and could subject their review as before long as next week , said the people .
The DOJ is n’t messing around here — reference enjoin Bloomberg DOJ lawyer “ are n’t negotiating ” with Comcast to help the cablegram monster make change to stave off its deal from fall aside .
This is good . We care this .
If the deal go through , the binge telecom tentacles of a merged ComcasTWC or whatever they ’re gon na call it would be wrapped aroundroughly half of the devote TV / Internet / Cable customersin the US . With a lack of competition , the two now - united transmission line companies — not just screw presently for theirsparkling client serviceor bargain prices — will have even less bonus to supply to anything other than pad their new joint bank score .
Bloomberg ’s sources are anon. and nothing ’s been square up yet , so it ’s untimely to do a jig on the merger ’s grave accent , but this is definitely promising .
[ Bloomberg ]
Top image via Shutterstock / Gizmodo / Getty
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