Cable Consolidation
05/13/2014 | | Comcast, DishTV, econ70, Economic forecasting, economist on radio, economist on TV, eisenberg and economics, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, funniest economist, funny housing economist, Graphsandlaughs, graphsandlaughs and eisenberg, housing sales, MLS, mortgage banking, Multiple listing service, politics and economics, Public speaking economist
The recently proposed $45 billion takeover of Time Warner by Comcast should be allowed. Combined competition from Verizon, AT&T/Dish, Netflix, DirectTV, Aereo, Google, Amazon, Apple and others should be enough. And while having 30 million households would give Comcast an edge in negotiations but content providers have also been bulking up. By the way, in this round of cable mergers, each household subscription is being valued at $6,000!