Usually when you purchase a new vehicle, you know you’ll have to buy insurance separately, and — depending on the terms of the sale — pay for maintenance costs somewhere down the proverbial and literal road. Tesla says it’s planning to eventually bundle all of that together for one price. [More]
Luxxotica and Essilor may not be household names, but you may very well have one of their products on your face right now. If you’ve visited LensCrafters or Pearle Vision for your eyeglasses or contacts, or Sunglass Hut for sunglasses, you’ve done business with the Italian eyewear conglomerate Luxxotica, and if you bought Varilux or Transitions lenses during that visit, you’ve done business with the French lens company Essilor. [More]
Comcast and proposed merger partner Time Warner Cable claim they don’t compete because their service areas don’t overlap. They say that a combined company would happily divest itself of a few million customers to keeps its pay-TV market share below 30%, allowing other companies that don’t currently compete with Comcast to keep not competing with Comcast.
This narrow, shortsighted view fails to take into account the full breadth of what’s involved in this merger — broadcast TV, cable TV, network technology, in-home technology, access to the Internet, and much more. In addition to asking whether or not regulators should permit Comcast to add 10-12 million customers, there is a more important question at the core of this deal: Should Comcast be allowed to control both what content you consume and how you get to consume it? [More]