10 Updates
Remedy Suggestions For Comcast-Time Warner Cable
Photo Credit: Forbes Business

Remedy Suggestions For Comcast-Time Warner Cable

Mar 14 2014, 10:34am CDT | by

Lawyers seem confident that Comcast’s $45 billion acquisition of Time Warner Cable will pass muster with antitrust regulators, perhaps as early as the end of the year or as late as 1Q15. Since...

Filed under: news

 
 
 

19 weeks ago

Remedy Suggestions For Comcast-Time Warner Cable

Mar 14 2014, 10:34am CDT | by

Lawyers seem confident that Comcast’s $45 billion acquisition of Time Warner Cable will pass muster with antitrust regulators, perhaps as early as the end of the year or as late as 1Q15. Since Comcast agreed to divest 3 million subscribers upon announcement of the merger in February, and the combined entity’s market share will only be about 40%, remedies to assuage concerns about monopsony and other matters will likely take the form of new consent decrees and alterations to existing ones, two antitrust lawyers said. One of them pointed out that historically, mergers in which market influence and pricing are the matters of antitrust concerns tend to proceed with concessions.

“Comcast’s going to have 19 of the top 25 MSAs (metropolitan statistical areas) in the country where there’s one broadband provider or a limited number,” said Dave Schaeffer, CEO of broadband provider Cogent Communications, among Comcast competitors opposed to the deal. He’s less convinced that the merging cable companies will receive antitrust clearances.

Schaeffer believes opposition is mounting against a Comcast-Time Warner Cable deal and has a better than 50% chance of being quashed, but if it should receive antitrust approval, he listed possible remedies that might satisfy competitors and regulators.

One is additional language to broaden penalties if Comcast should violate consent decrees, said Schaeffer.  Comcast has already broken “the spirit” of the NBC Universal consent decree, the open Internet/net neutrality order in which the Philadelphia-based cable company agreed not to manipulate network traffic to its own advantage, in other words, to treat all network traffic alike, Schaeffer said. “Comcast doesn’t manipulate traffic in the network but before it gets to the network by refusing to increase connectivity to all major global Internet backbone providers.”

He would like to see the addition of transparency tests to ensure that Comcast is honoring the open Internet order. The idea of transparency was part of the original open Internet order created by the Federal Communications Commission in 2010, and revised in the NBC Universal consent decree. It required that Internet service providers disclose network management practices to prohibit discriminating or blocking traffic. Schaeffer would like to ways to “objectively test” Comcast’s disclosures on network transparency and meaningful penalties for failure to comply.

Schaeffer believes consumers ought to have the right to sue broadband providers when they are in breach of contracts and codes. At present, consumers waive these rights when they sign contracts with their network operators and can only arbitrate disputes, ultimately too costly for consumers, said Schaeffer.

Lastly, since the Internet is evolving and it’s possible that Comcast could launch a nationwide competitor to Netflix that would extend beyond its networks, there’s a danger that the cable company will treat its own programming differently from that of competitors, and Comcast should be barred from out-of-territory service, said Schaeffer.

Regulators have considered Comcast to be in compliance with the NBC Universal consent decree and open Internet order since the order’s inception three years ago, noted Sena Fitzmaurice, a spokesperson for Comcast. The company has promised to extend its consent decree to include Time Warner Cable. Comcast’s network practices are already transparent, and the proposed merger with Time Warner Cable will not reduce competition because the two companies have no geographies of overlap. The FCC and National Telecommunications and Information Administration have determined that 87% of households have a choice of two wired broadband providers, she added.

Time Warner Cable declined comment.

Source: Forbes Business

 
Update
10

6 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

Cambodia's Famous Battambang Circus
KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the D ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

6 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

Sydney FC v West Ham United - Football United New Zealand Tour 2014
KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by robbers ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

6 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

Federal Aviation Administration Bans All US Flights To Israel
KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejecte ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

6 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri H ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

6 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

INDIA-CHINA-DIPLOMACY-TRADE
PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

Government Weekly Cabinet Meeting
KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 mil ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minist ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

Iskandar Johor Open - Previews
JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of R ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

EurAsia Cup presented by DRB-HICOM - Day One
PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyway ( ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

BMW, Aston Martin to recall defective vehicles
Beijing, July 26 (IANS) BMW and Aston Martin Lagonda will recall autos in China over airbag and gearbox problems respectively, China's quality watchdog has said.
 
 
US sanctions against Russia cause spike in sale of AK-47
Washington, July 26 (IANS) The sanctions imposed on the maker of AK-47 by the US Treasury Department last week has caused a spike in sale of the popular assault rifle in the country, media reports said Friday.
 
 
UN body concerned about impact of Gaza violence on women
United Nations, July 26 (IANS) The United Nations Population Fund (UNFPA) Friday expressed its deep concern about the impact of the ongoing Gaza conflict on women's health and access to safe births.
 
 
DG: No survivor in Algerian plane crash, probe launched (Roundup)
Algiers/Paris, July 25 (IANS) Algeria Friday declared a three-day national morning for the victims of the Air Algerie flight AH 5017 that crashed over Mali the previous day with no survivor yet found from the plane wreckage, media reports said.
 
 
 

Latest from the Network

Apple’s Settings Will Become More Automatic
The iOS 8 update, along with the launch of the iPhone 6, is going to bring a great deal of changes to the way that App settings work on an everyday basis. We have already seen how Apple will change privacy settings...
Read more on Apple Balla
 
Apple Upgrading Computer Lines
Apple’s iPhone sales have remained strong through the past year. Their iPad sales might be down, but their revenue from MacBooks and Mac desktops has more than made up for it. That is going to be even better for the...
Read more on Apple Balla
 
The Top Five Things We Know About Apple’s iWatch
The iWatch is still largely a mystery due to the famous secrecy that Apple has practiced for years. There are a few things that we know for certain, though.-Apple has been hard at work on the iWatch for at least three...
Read more on Apple Balla
 
BMW, Aston Martin to recall defective vehicles
Beijing, July 26 (IANS) BMW and Aston Martin Lagonda will recall autos in China over airbag and gearbox problems respectively, China's quality watchdog has said. From Aug 25, BMW and BMW Brilliance will recall a total...
Read more on Business Balla
 
Commonwealth Games medal standings Day 2
Glasgow, July 26 (IANS) England narrowly head the medal standings at the end of second day of the 20th Commonwealth Games ahead of Australia. India dropped down one place to fifth with three golds, four silvers and...
Read more on Sport Balla
 
Israeli airstrike kills eight in Gaza
Gaza, July 26 (IANS) At least eight people were killed and 10 injured Saturday in an Israeli airstrike on the Gaza Strip, taking the toll in Gaza since the beginning of an Israeli offensive July 8 to 878. On Saturday...
Read more on Politics Balla
 
Drogba returns to Chelsea
London, July 26 (IANS) Didier Drogba has signed a one-year contract with Chelsea, the club announced. "It was an easy decision - I couldn't turn down the opportunity to work with Jose again. Everyone knows the special...
Read more on Sport Balla
 
Beckhams, Ramsays' dinner date
Los Angeles, July 26 (IANS) Celebrity couple Victoria and David Beckham dined with Gordon Ramsay and his wife at Malibu's Nobu restaurant. The former footballer looked casual as he headed to the restaurant, while...
Read more on Celebrity Balla
 
Toulouse set to sign Brazilian defender
Rio de Janeiro, July 26 (IANS) Brazilian defender William Matheus is set to join France's Toulouse on a permanent deal, media reports said Friday. The 24-year-old has been released by Brazilian club Palmeiras to...
Read more on Sport Balla
 
US sanctions against Russia cause spike in sale of AK-47
Washington, July 26 (IANS) The sanctions imposed on the maker of AK-47 by the US Treasury Department last week has caused a spike in sale of the popular assault rifle in the country, media reports said Friday....
Read more on Politics Balla