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Sunday, June 20, 2010

Capitalistic Competition

Delta/Northwest and United/Continental in Airlines. The seven baby Bells + AT&T + MCI/Worldcom have been reduced to AT&T and Verizon.
Disney/ABC was a big merger, but now Comcast+NBC Universal will create a monster media pipe+content company.

Local Broadcasters Are Fearful of an NBC-Comcast Deal - NYTimes.com: "Comcast, the nation’s biggest cable provider, has long played hardball with competitors and content providers. Now that it is seeking control of NBC Universal in a $30 billion transaction, those competitors are piping up, expressing fears that Comcast will use its consolidated power to favor its own content and squeeze out rivals."

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