The stakes of the failing Comcast-Time Warner merger

Stan Alcorn Apr 23, 2015
HTML EMBED:
COPY

The stakes of the failing Comcast-Time Warner merger

Stan Alcorn Apr 23, 2015
HTML EMBED:
COPY

On Thursday, the long-awaited acquisition of Time Warner Cable by Comcast was reported to be on the rocks

But what’s truly at stake for consumers in a $45 billion mega-merger between cable providers? 

Peter Carstensen, emeritus professor of law at the University of Wisconsin, says they’re not competing for broadband customers—but they are competing when they buy programming.  A merger could have given them sizable market power, and Senator Al Franken says competing TV networks complained to him in private, fearing reprisals.

But industry analyst Ian Olgeirson at SNL Kagan says the effects on the end consumer of this merger — or any merger with Time Warner that takes place — are likely to be subtle.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.