Consumer Advocates Alarmed By $45 Billion Deal

Comcast, the nation's largest cable provider, is set to become even bigger. The Philadelphia-based company has reached an agreement to acquire Time Warner Cable, the nation's second-largest cable provider, in an all-stock deal valued at roughly $45 billion. Consumer groups oppose the deal on the grounds that it will hurt competition and raise prices. But the companies claim competition won't be harmed at all.

Source: http://www.npr.org/2014/02/13/276522397/consumer-advocates-alarmed-by-45-billion-deal?ft=1&f=1020

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