February 14, 2014
Mohenjo
Technical
amazon, Broadband Competition, business, Business News, Comcast, Comcast Executive Vice President David L. Cohen, Comcast Google, Comcast Google Fiber, Comcast Takeover, Comcast Time Warner Cable, Comcast Time Warner Cable Merger, Comcast Time Warner Takeover, Comcast Twc, Google, Google Fiber, Google Inc, Hotels, huffingtonpost, human-rights, medicine, research, Science, technology, Technology News, Time Warner Cable Merger, travel, vacation
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When Comcast announced its planned $45 billion merger with Time Warner Cable Thursday, the company cited the emergence of a new competitor as one reason that regulators should approve the deal: Google.
But some are questioning whether Google’s new ultra-fast Internet service, Google Fiber, presents enough of a challenge to justify dramatically increasing Comcast’s market power.
In a blog post, Comcast Executive Vice President David L. Cohen cited Google’s new role as an Internet provider as one reason why Comcast could not become too dominant. “Comcast believes that there can be no justification for denying the company the additional scale that will help it compete more effectively,” Cohen wrote.
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Richard Robert McKeever, a fiber install technician for US Internet Corp., adjusts fiber optic internet cable so it does not become tangled during installation in Minneapolis, Minnesota, U.S., on Thursday, Sept. 11, 2013. The US Internet Corp. gigabit residential service is symmetrical with Google Inc. Fiber offering upload speeds of 1 Gbps and 1,024 Mbps for downloads. Photographer: Ariana Lindquist/Bloomberg via Getty Images | Bloomberg via Getty Images
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