Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Justice Department begins probe into cable companies: report
Source: Reuters
Justice Department begins probe into cable companies: report
Wed Jun 13, 2012 12:21am EDT
(Reuters) - The Justice Department has begun an anti-trust probe into whether cable companies are acting improperly to hurt nascent competition from online video, the Wall Street Journal reported, citing people familiar with the matter.
Justice Department officials have talked to several online video providers, including Netflix Inc and Hulu, which is jointly owned by News Corp, Walt Disney Co and Comcast Corp, the paper said.
Comcast, Time Warner Cable and other cable companies have been questioned about issues such as setting data caps, limiting the amount a subscriber can download each month, the Journal said.
Cable companies have been worried that cheaper online video from companies like Netflix and Hulu would lead to customers dropping much more expensive cable TV packages, a concern that has become known in the industry as "cord cutting".
[font size=1]-snip-[/font]
Wed Jun 13, 2012 12:21am EDT
(Reuters) - The Justice Department has begun an anti-trust probe into whether cable companies are acting improperly to hurt nascent competition from online video, the Wall Street Journal reported, citing people familiar with the matter.
Justice Department officials have talked to several online video providers, including Netflix Inc and Hulu, which is jointly owned by News Corp, Walt Disney Co and Comcast Corp, the paper said.
Comcast, Time Warner Cable and other cable companies have been questioned about issues such as setting data caps, limiting the amount a subscriber can download each month, the Journal said.
Cable companies have been worried that cheaper online video from companies like Netflix and Hulu would lead to customers dropping much more expensive cable TV packages, a concern that has become known in the industry as "cord cutting".
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2012/06/13/us-cablecompanies-justicedepartment-idUSBRE85C04F20120613
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
