PITTSBURGH, November 16, 2010 - "Allowing Comcast Corp. and NBC Universal to merge without efficient and meaningful conditions will cost consumers billions of dollars over the next decade, as former Federal Communications Commission Chief Economist William Rogerson documented in a detailed report given the FCC last week. ACA commends Sen. Bernie Sanders (I-Vt.) for recognizing Dr. Rogerson's analysis of the substantial consumer harms that will result from the Comcast-NBCU transaction and for underscoring that Comcast-NBCU will have the incentive and ability to raise prices for `must have' TV programming under its control far above levels the two could charge as individual companies. ACA agrees with Sen. Sanders that the Comcast-NBCU merger `poses substantial new risks not seen in past transactions,' justifying adoption of regulatory mechanisms proposed by ACA that would protect consumers and preserve competition in the least intrusive fashion."
About the American Cable Association
Based in Pittsburgh, the American Cable Association is a trade organization representing nearly 900 smaller and medium-sized, independent cable companies who provide broadband services for more than 7.6 million cable subscribers primarily located in rural and smaller suburban markets across America. Through active participation in the regulatory and legislative process in Washington, D.C., ACA's members work together to advance the interests of their customers and ensure the future competitiveness and viability of their business. For more information, visit http://www.americancable.org/
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