By any objective standard, Comcast’s proposed takeover of Time - TopicsExpress

By any objective standard, Comcast’s proposed takeover of Time Warner is not the public interest. But there are real reasons to more than suspect that neither the Federal Communications Commission nor the Department of Justice will veto the deal, citing anti-monopoly legal standards. The company’s power and influence is enormous. Last year, after the FCC approved the deal acquiring NBC Universal, FCC Commissioner Meredith Baker was hired by Comcast. Top lobbyist Cohen held a fundraiser at his home for President Obama in 2011 netting $1.2 million. And last summer, Obama and other top White House officials, including Attorney General Eric Holder—who heads the Justice Department that must approve Comcast’s merger with Time Warner—vacationed at Comcast CEO Brian Roberts’ Martha’s Vineyard home.

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