“Comcast has pledged to divest some cable subscribers so the combined company would serve just under 30 percent of the U.S. pay television video market. The company said it would serve between 20 and 40 percent of the U.S. broadband subscribers,” Selyukh and Baker report. “Opponents have raised concerns that the combined company will have too much power over what Americans can watch on television and do online.”
“Comcast’s filing comes a day before the company’s executive vice president, David Cohen, and Time Warner Cable’s finance chief, Arthur Minson, are scheduled to testify in Congress,” Selyukh and Baker report. “They are expected to face questions about the combined company’s reach into broadband markets.”
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