We asked Tuesday what you thought of Comcast’s $45.2 billion plan to buy out Time Warner Cable, which would mark the acquisition of the second largest cable/Internet company by the first largest. The results are pretty conclusive: survey respondents do not think the merger will be good for consumers– at least not without some protections.
Folks were most worried that the deal would lead to higher prices (42%), reduce competition (26%), and threaten net neutrality (8%). “In my area, Comcast just has to breathe and the rates go up,” said one respondent. “If I let them take out the competitor, I can only imagine what will happen.”
Keep an eye out for an action item on this subject in our upcoming e-newsletters. And be sure to join the CUB Action Network to make sure you are getting all the latest alerts!
