Monopoly, monopoly, the sky is falling Time Warner Cable is being purchased by Comcast cable.
The problem with the monopoly scenario is that Time Warner Cable isn't a direct competitor of Comcast, but Verizon, and the various wireless companies when it comes to the Internet access. Oh I almost forgot places that give free WiFi. As far as the cable programing and vertical monopolies are concerned, that should have been addressed before Comcast bought NBC. The problem with a cable company owning programing it could charge outrages fees to competitors in broadcast alternative such as Hulu Plus, and Netflix for rebroadcast rights.
I can't help but wonder were was the indignation when over the air television started charging for broadcast rights of their channels that can be gotten over the air for free, thus justifying the cables companies for raising their rates. Maybe there's something wrong with me but this is a greater injustice then one company owning over 50% of all cable in the US, especially with cable companies losing customers in drove.
*Time Warner the content provider is a different company from Time Warner Cable.
** Most cable subscibers are paying programs they don't want. That wouldn't be bad enough but that several of none news networks make me and other retired government workers sound like evil incarnate.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment