Friday, February 20, 2015

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-time-warner-comcast-merger20150218-story.html

The article I read is about how to merger between the companies Time Warner Cable and Comcast, is said to cause many problems economically, according to Rep. Tony Cardenas. The article says that the merger will give even more power to company as it is already the owner of many others that distribute entertainment. It is said that if the merger happens, which Tony Cardenas is trying his best to stop it, the prices of entertainment and internet provides will rise and there will be a great job loss.

This article is important because it shows us that politicians see that the entertainment industry is a great part of the economy and they are trying to keep a stability by making sure that these companies do not become to powerful to where they can manipulate the economy to their best interest. I chose this article because I though it was interesting that a politician would oppose a merger of two companies. As a consumer this whole situation is very concerning. If the two companies merger what does it mean? will prices rise? Quality be reduced? This shows us that politicians are looking out for us, the people, so that we companies do not become to powerful and we are not completely dependent of that one company for a service or product.

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