As the U.S. Department of Justice and the SEC were reviewing
the proposed merger between Comcast and Time Warner in April 2015, six U.S.
senators signed a joint letter opposing the $45 billion deal. Comcast would
control about 30 percent of the pay-television subscribers in the U.S. and an
estimated 35 to 50 percent of the American broadband internet service.[1]
That more senators had not signed on is telling with respect to how
business-oriented American society had become.
The full essay is at “Democracy
and Anti-Trust Law.”
[1]
Emily Steel, “6 Senators Urge Rejection of Comcast-Time Warner Cable Deal,” The New York Times, April 21, 2015.
