Originally published: November 15, 2009
Last updated: November 15, 2009 - 4:53pm
[Commentary] A Comcast purchase of NBC Universal would mean increased costs for cable television service; currently free online NBC content locked behind a pay wall; less opportunity for the distribution of independent media; even fewer choices and less programming diversity. On average, nearly one quarter of all channels offered to cable subscribers would be owned by the bloated Comcast. Our lawmakers should have been reining in these out-of-control corporations long ago. But therein lies the problem: Corporate-friendly judges, appointed by corporate-friendly politicians, elected with contributions from their corporate patrons, have created a body of legal precedent that makes even the most common sense antitrust rulings difficult to impossible. If President Obama really wants to change the system that green-lighted the bailout of "too big to fail" banks and would allow the looming crisis of too-big-to-block media mergers, he will have to overhaul federal antitrust laws so that they actually protect the greater good.
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