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Wednesday, April 09, 2014

Sen. Franken: Comcast can't have it both ways - CNET

"Sen. Al Franken criticized Comcast for an about-face to secure approval of big deals, saying the cable giant highlighted competition with Time Warner Cable to buy content company NBCUniversal but now claims its merger with TWC represents no competitive conflict.

"Comcast can't have it both ways. It can't say that the existence of competition among distributors, including Time Warner Cable, was a reason to approve the NBC deal in 2010 and then turn around a few years a later and say the absence of competition with Time Warner Cable is a reason to approve this deal," he said Wednesday at a US Senate Judiciary Committee hearing examining the proposed $45.2 billion merger between the country's No. 1 and 2 cable companies."

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