Accuracy in Media

WASHINGTON — Congressional members of the Senate Judiciary Committee pressed executives from Time Warner Cable Inc. and Comcast Corp. for answers regarding their planned merger.

140213_time_warner_comcast_ap_328Reuters reported that the executives told lawmakers that their merger would not significantly increase cable TV prices, which assurances were met with skepticism.

The $45.2 billion merger between Comcast and Time Warner, who are the largest two American cable companies, raised eyebrows and concerns among lawmakers. Comcast promised that the deal will actually benefit consumers without eliminating choices.

Although committee hearings stir controversy and sometimes public enthusiasm, the Department of Justice and the Federal Communications Commission ultimately decide whether the merge follows antitrust laws and are in the public interest.




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