Home > Uncategorized > Stephen C. Webster – Trade group: Comcast takeover of NBC ‘will send monthly cable bills higher by billions’

Stephen C. Webster – Trade group: Comcast takeover of NBC ‘will send monthly cable bills higher by billions’

From The Raw Story:

Trade group: Comcast takeover of NBC ‘will send monthly cable bills higher by billions’

By Stephen C. Webster
Tuesday, November 9th, 2010

comcastnbcuniversal Trade group: Comcast takeover of NBC will send monthly cable bills higher by billionsAs the proposed takeover of NBC-Universal by cable TV provider Comcast comes down to the wire, a trade organization representing hundreds of smaller cable and internet providers has urged federal regulators to protect consumers from a deal they say “will send monthly cable bills higher by billions of dollars over the next decade”.

The American Cable Association’s (ACA) criticism of the arrangement was published Monday night. It followed a Monday afternoon statement by Vermont’s Independent Senator Bernie Sanders, who promised to do everything in his power to block a merging of the two companies.

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