Originally published: February 8, 2010
Last updated: February 8, 2010 - 4:55pm
[Commentary] Since President Obama took office last year, Democrats in Washington, DC, have made noise about taking on special interests, lobbyists and big corporations. So far, it has been mostly talk.
Democrats have a chance to act on their tough talk. By squashing Comcast's bid to buy a controlling interest in NBC Universal from General Electric Co., the Obama administration and Democrats have an opportunity to show Americans that big corporations don't always get what they want from Washington. If the deal is blessed by regulators it is likely that Comcast's and NBC Universal's competitors will try and find ways to grow, which means more media consolidation. A worrisome proposition considering that a handful of corporations already control most of what Americans read, watch and listen to.
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