Black People Politics : Obama's call for net neutrality spells trouble for Time Warner Cable-Comcast deal

Discussion in 'Black People Politics' started by Clyde C Coger Jr, Nov 13, 2014.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Politics,




    Obama's call for net neutrality spells trouble for Time Warner Cable-Comcast deal


    The fight for an open Internet just got a lot stronger, as President Obama waded into the fray and issued a call for utility-style regulation to limit the power of phone and cable companies.

    The president isn’t likely to get his way entirely, with strong opposition already coming from those industries and Republicans in Congress. But Obama's move also reduces the odds that regulators will approve Comcast's (CMCSA) $45 billion take over bid for Time Warner Cable (TWC).

    http://finance.yahoo.com/news/obama...time-warner-cable-comcast-deal-154738302.html

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    (AP Photo/Pablo Martinez Monsivais)

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