Verizon to the Cable Industry: Let’s Be Friends
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March 21 (Bloomberg) -- Three months ago, VerizonCommunications Inc. and three major cable companies announced a$3.6 billion joint marketing deal. Today, Congress is gettingaround to the question of whether it’s a good idea.
The Subcommittee for Antitrust, Competition Policy andConsumer Rights of the Senate Judiciary Committee will hold ahearing titled, “The Verizon/Cable Deals: Harmless Collaborationor a Threat to Competition and Consumers?” A better questionmight be: Why isn’t the American public paying closer attention?