Comcast NBC Deal Thwarts Competition

In 2009 Comcast’s operating income was $7.2 Billion. NBC Universal’s 2009 operating income was $2.3 Billion.
 
Here we have two very large companies that are profitable combining into one with a reduction in competition.  Comcast provides internet, cable television, and phone services to the public.  The company competes with other similar providers such as AT&T, Verizon, Dish Network, Direct TV, and Time Warner Cable.  Once they have control of NBC won’t they have too much control over who will be allowed to broadcast content?  What will they charge other providers?  The answers are obvious.  This combination is inappropriate and should not have been permitted.  It’s all in who you know. 
 
GE wanted to sell NBC Universal and Comcast wanted to buy.  Is the public’s best interests upper most in the minds of the FCC? NO!!

One thought on “Comcast NBC Deal Thwarts Competition

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