The news came out late on Wednesday that the two largest cable providers, Comcast and Time Warner Cable, intended to merge in a deal worth more than $44 billion.
There are lots of reasons why this is of deep concern to parents, families and consumers generally, so the PTC released a statement highlighting some of those today:
“Combining Comcast and Time Warner Cable would create a behemoth of near-unstoppable market power that will invariably be anti-consumer and anti-family. The end result will create the biggest media company in the world with control of nearly half of all TV sets in the country and would make what is already the biggest broadband provider even bigger,” said PTC President Tim Winter.
“Bigger doesn’t mean better, particularly where consumers and families are concerned. Cable prices keep rising and they surely would continue to do so if Comcast and Time Warner Cable merge. Not only that, but Comcast would have more control over what consumers can watch or download.