Select date

October 2024
Mon Tue Wed Thu Fri Sat Sun

Monopolizing the Internet: Comcast Gobbles Up Time Warner

14-2-2014 < No Fake News 190 145 words
 


‘“Competition is a sin,” said the robber baron John D. Rockefeller. His maxim, a rule of conduct for large corporations for well over a hundred years, will soon govern how you receive your internet signal and how much you pay for it.


Comcast, the largest mass media and communications transnational corporation in the world, announced it will absorb Time Warner, the world’s second largest media and entertainment conglomerate. The “friendly” merger will “combine the country’s top two cable providers into a colossus that could reshape the U.S. pay TV and broadband industry if it clears regulatory hurdles,” reports Reuters. Hurdles, it should be noted, easily swept away by the real owners of the FCC and the federal government – leviathan-sized international corporations and the global banking cartel.’


Read more: Monopolizing the Internet: Comcast Gobbles Up Time Warner


Print