Six US senators today urged the Federal Communications Commission and Department of Justice to block Comcast’s proposed $45.2 billion acquisition of Time Warner Cable.
As Comcast prepares for a meeting tomorrow with DOJ antitrust officials, the senators wrote a letter to FCC Chairman Tom Wheeler and Attorney General Eric Holder, saying, “we believe that Comcast-TWC’s unmatched power in the telecommunications industry would lead to higher prices, fewer choices, and poorer quality services for Americans—inhibiting US consumers’ ability to fully benefit from modern technologies and American businesses’ capacity to innovate and compete on a global scale.”
The letter was signed by Sens. Al Franken (D-Minn.), Bernard Sanders (I-Vt.), Edward Markey (D-Mass.), Ron Wyden (D-Ore.), Elizabeth Warren (D-Mass.), and Richard Blumenthal (D-Conn.).
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