Not one to sit around and sulk after ditching its $45 billion bid to buy Time Warner Cable – or let a rival cable company beat it to the altar – the Lords of Kabletown are reportedly making eyes with the wireless industry, flirting with the idea of buying T-Mobile. [More]
mergers and acquisisions
FTC Challenges Sysco Acquisition Of US Foods
By 2.19.15
Sysco’s in-person meetings with the Federal Trade Commission didn’t have the desired effect. The foodservice supply giant wanted approval for its planned acquisition of competitor U.S. Foods, but the FTC thinks that Sysco wants to gobble up too much of the market. The commissioners voted 3-2 to block the merger. [More]
Comcast Keeps Claiming Competition Abounds, Despite Mountains Of Evidence From Planet Reality
By 9.23.14
In August, as part of the merger oversight process, the FCC asked Comcast and Time Warner Cable for more information about their operations and their plans. In answer, Comcast has submitted 735 pages of documentation. That’s a lot of information, but Comcast’s responses have one key theme: the Comcast/TWC merger will not harm competition, because broadband competition is plentiful… no matter what the rest of us, including the FCC, seem to think. [More]
