Apr 16 2014
Recent senate hearings on a planned merger between Comcast and Time Warner raised the ire of Senator Al Franken who called it “a disaster.” Franken’s opposition to the fusing of two telecommunications giant is based on his assertion that there lies no “up side” for consumers if the $45 billion deal goes through.
But Comcast executives say customers will only benefit from the deal through increased internet speeds and that in fact rates would not rise. The authority to approve the deal lies with the Federal Communications Commission (FCC) and the Department of Justice.
Comcast executives have made heavy campaign contributions to the Democratic Party.
GUEST: Craig Aaron, President and CEO of Free Press, the nation’s leading media reform organization
Find out more at www.freepress.net.