Monday Open Thread
Does anyone think the proposed merger of Comcast and Time Warner is good for cable customers?
"Sometimes, to keep prices low, it's not just the actual competition that is important but also potential competition," said Sanjai Bhagat, a provost professor of finance at the University of Colorado at Boulder. "I don't know of any industry whereby having fewer players, the customers have been made better off."
The New York Times examines "cord cutters" and predicts cable companies will raise rates on internet usage, making eliminating cable less of a bargain for them.[More...]
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