I thought I’d never say this but a tip of the hat to the Feds for putting the squeeze on Comcast’s proposed buyout of Time Warner Cable…
A merger that was good for consumers?
If you believe that then just look at what these type of mergers have done in other industries.
Take the airlines where Delta gobbled up Northwest. United acquired Continental. USAirways took American (but kept the AA name.) And Southwest landed AirTran.
Has the public benefited?
Of course not. In most cases the opposite has been the case. Continue reading