We are inclined to oppose the Comcast bid for Time Warner, based on the following:
- This deal will give Comcast control of 75% of the market. Do the math: four-firm market share and Herfindahl Indices resulting from this deal will be blatantly anti-competitive.
- Comcast is one of the worst internet providers out there. Don’t be fooled by the fact that there are 14 ISPs. Most of those ISPs are regional. In many markets, fixed line is an oligopoly and often a duopoly. Google Fiber is only in a handful of markets.
- There is no economically reasonable alternative to landline internet. Want to cut the landline cord and use your mobile device as a modem? Your alternative is $50 per month for only 6GB of data.