Monopolizing the Internet: Comcast Gobbles Up Time Warner
Imperium in imperio will govern your internet connection
February 13, 2014
“Competition is a sin,” said the robber baron John D. Rockefeller. His maxim, a rule of conduct for large corporations for well over a hundred years, will soon govern how you receive your internet signal and how much you pay for it.
Earlier today, Comcast, the largest mass media and communications transnational corporation in the world, announced it will absorb Time Warner, the world’s second largest media and entertainment conglomerate. The “friendly” merger will “combine the country’s top two cable providers into a colossus that could reshape the U.S. pay TV and broadband industry if it clears regulatory hurdles,” reports Reuters.
Hurdles, it should be noted, easily swept away by the real owners of the FCC and the federal government – leviathan-sized international corporations and the global banking cartel.
Despite this fact, we can expect a show. “A deal may face a fierce battle in Washington as you are merging the two largest cable operators,” an analyst told Reuters. It will be another dog and pony show designed to convince the American people they actually live in a democracy where the government pretends it will protect them from predatory monopolies and other highly organized scams and rip-offs. It is well-known in the industry that Comcast has a “wealth of connections” in Washington. In short, it basically owns the FCC.