02 March 2014

David Cay Johnston: Comcast's Costly Package

The deal, which was announced [4] last week, would create a monopolistic behemoth, reducing competition in the telecommunications sector and granting the consolidated companies more power to simultaneously raise prices and depress wages. It would reduce the number of jobs on the market, weaken smaller businesses and restrain the deployment of technology — especially the high-speed Internet access that’s necessary to support economic growth in this digital age.

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