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Comcast’s Dominance in Broadband Will Probably End Any Further Broadband Acquisitions in the U.S.

Phillip Dampier April 23, 2015 Comcast/Xfinity, Competition, Consumer News, Online Video, Public Policy & Gov't, Video No Comments

[flv]http://www.phillipdampier.com/video/Bloomberg Broadband May Shut Comcast Out of Acquisitions 4-23-15.flv[/flv]

Bloomberg News reports Comcast’s broadband market share (with or without Time Warner Cable) is probably too large to allow it any more mergers or acquisitions in the broadband market. Chris Marangi, portfolio manager at Gabelli Funds, discusses the fight in Washington over Comcast’s proposed merger with Time Warner Cable, what may happen next in the cable industry if the deal is killed and also looks at the business of Facebook. He speaks on “Market Makers.” Marangi’s firm owns shares of Comcast and Time Warner Cable. (8:29)

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Stop the Cap!