08/26/2014 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
California – Netflix has expressed concerns over a proposed merger between Comcast and Time Warner Cable. As reported by WebProNews, the provider of on-demand Internet streaming media filed a petition with the Federal Communications Commission requesting that the merger be denied.
Netflix states in the Petition to Deny that the merger would “have the incentive and ability – through access fees charged at interconnection points and by other means – to harm internet companies.”
The company is further quoted as stating, “The transaction would give Applicant control of a dominant share of the nations’ residential high-speed broadband customers at a time when those customers increasingly engage with more content-rich applications that require high-speed broadband to work properly, such as Internet-delivered video.”
As noted in the report, approval by the FCC could give the entity formed by the Comcast/Time Warner Cable merger control of more than 60 percent of households in the U.S. that use broadband.
This report is provided by Justice News Flash – California Legal News
Media Information:
Address: 215 South Olive Suite 300 W. Palm Beach FL 33401
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Url: http://justicenews.visionsmartnews.com/netflix-petitions-against-comcasttime-warner-cable-merger_12323.html
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