Issues

Liberals Bernie Sanders and Al Franken Win As Comcast Drops Time Warner Bid

The liberal senators who stood up in opposition to the Comcast-Time Warner merger scored a major victory as Comcast has pulled out of the planned deal.

Sen. Sanders (I-VT) reacted to the news by saying, “The report that Comcast is backing away from its bid to take over Time Warner Cable is good news for American consumers. The level of media consolidation in America already is unacceptable and it would have been extremely dangerous for one company to control 57 percent of the broadband Internet market, 30 percent of the cable market and dominate 19 of the 20 largest U.S metropolitan areas.”

Sen. Franken (D-MN) said, “I’ve been opposed to this deal since it was first announced, and I’m glad that over the last 15 months, more and more people have come to see it the way I do. This transaction would create a telecom behemoth that would lead to higher prices, fewer choices, and even worse service. We need more competition in this space, not less. If reports of the collapse of the deal are true, it would be a huge victory for American consumers.”

To get more stories like this, subscribe to our newsletter The Daily.

Sen. Franken was correct. Getting Comcast to drop their monopolistic Time Warner deal is a great win for consumers, but it was the pressure generated by Senate liberals that turned up the heat on the deal. The power of the liberal movement in this country was flexed in the outrage generated by the potential creation of the largest cable company in the country. Outside of the extreme concentration of wealth at the top, and the staggering disparity in income inequality, the death of the free market is a one of the biggest problems facing the U.S. economy.

The objections of the FCC and the Department of Justice caused Comcast to pull the plug, but it was liberal outrage that started and fueled the fire. Liberals killed a huge deal for two of the biggest corporations in the country.

This is a good day for the left, and a moment that cements that it is the liberal movement in this country who are the real defenders of consumers and free market competition.

Recent Posts

David Pecker Has Trump So Rattled That He Just Melted Down Outside Court

Trump made a massive mistake as he tried to change the subject from David Pecker's…

17 hours ago

Judge Crushes Trump’s Bid For New E. Jean Carroll Trial

Trump's effort to get a new trial in the E. Jean Carroll case wasn't just…

18 hours ago

Trump Busted Golfing Instead Of Campaigning Outside Of Court

Donald Trump has been complaining that he can't campaign due to the criminal trial, but…

20 hours ago

White House Uses Mitch McConnell Comments To Blast GOP On Border Deal

After Minority Leader Mitch McConnell (R-KY) admitted that Republicans killed the bipartisan, conservative border bill,…

21 hours ago

Pecker Testifies that Donald Trump Had Knowledge of the Catch and Kill Contract with Karen McDougal

David Pecker testified that he believes Donald Trump also had knowledge of the catch and…

23 hours ago

Supreme Court Immunity Hearing Has Been A Complete Disaster For Trump

Trump's lawyer made outlandish claims of broad and comprehensive presidential immunity that liberal and conservative…

23 hours ago