Comcast Drops Deal With Time Warner — Sen. Al Franken Calls It A ‘Huge Victory’ For Consumers (VIDEO)


It’s darn near a universal truth at this point that everyone hates Comcast. How many times have you seen those articles of trapped clients dealing with nightmare customer service representatives? Well, here’s some good news for you as far as Sen. Al Franken (D-Minn.) is concerned — reports are bubbling up from the murky depths of the media that Comcast’s mega deal with Time Warner Cable is a no go.

Franken said the failed deal between the two media giants is a “huge victory” for consumers if it is true. He expounded in a statement:

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This transaction would create a telecom behemoth that would lead to higher prices, fewer choices, and even worse service. We need more competition in this space, not less. If reports of the collapse of the deal are true, it would be a huge victory for American consumers.

But Bloomberg also reported the news Thursday, stating that Comcast was throwing the $45.2 billion takeover of Time Warner Cable on the garbage heap, which is good, because the FCC and the Justice Department were far from doing the happy dance about it.

Franken’s long been frank in Washington about his distaste for the Comcast/Time Warner deal. Just earlier this very week, the Minnesota senator published an op-ed in TechCrunch where he referred to Comcast as “greedy and dishonest.” He also said the public was “deliberately misled” by the company on the issue of net neutrality.

Now why would they go and do anything of the sort, Al Franken? You’d think Comcast had some kind of vested interest in that deal. For heaven’s sake…

Most likely, the cable company started to sour on the deal once the FCC adopted stronger regulations banning ISPs from their proposed “fast tracks” for Internet usage. Less preferential traffic and treatment may just translate into less potential money, meaning perhaps Comcast may not want to drop billions of dollars just now after all.

Who knows? That’s the thing with corporations – they don’t have to tell you shit, and if they feel generous and do, there’s no really telling whether it’s true or not.

Just to make his point especially clear, however, Franken, along with Sens. Bernie Sanders (I-Vt.), Ron Wyden (D-Ore.), Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.) and Edward Markey (D-Mass.), fired off a letter, Tuesday, to Chairman Tom Wheeler over at the FCC, asking him to pan the deal with a hearty thumbs down. They also sent a copy to Attorney General Eric Holder, asking the same.

In a nutshell, the senators’ letter boiled down to one statement:

This is an industry that requires more competition, not less.

So Comcast is not about to go umpteen times bigger on you and avoid providing you with even less “good service.” It will just stay as bad as you’ve come to know it for the time being. And on the bright side of a corporate-dominated era, that just might be — at most — a victory for consumers, or at least, one heck of a lucky stroke.

H/T: huffingtonpost.com | Featured image: via Flickr

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