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Report: A Comcast Competitor Will Tell Congress that Comcast Takeover of NBCU Threatens Both Consumers and Competition, and Any Possible Remedies Would be Meaningless

Feb 3, 2010  •  Post A Comment

In a copy of proposed testimony that Reuters says it has acquired, a Comcast competitor will tell a Congressional panel on Thursday that a Comcast-led joint venture of NBC Universal will threaten both consumers and competition.

Says the Reuters article, " ‘This is an unprecedented deal, which, if consummated, would substantially increase the market power of Comcast, threatening consumer and competition in the traditional and the rapidly evolving Internet content and distribution areas,’ according to written testimony from Colleen Abdoulah, president of WOW!, which competes with Comcast in Chicago and Detroit.

" ‘Comcast has proven itself particularly adept at weakening or even rendering meaningless any such relief," according to her testimony.’ "

Abdoulah also sits on the board of the American Cable Association.

–Chuck Ross

2 Comments

  1. I am little curious to know more about it………

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