Cable group: Comcast merger will cause $2.4 billion in consumer harms

by Sara Jerome - 01/03/11 7:44 PM ET

“Once again, ACA has submitted flawed economic analysis. It relies on assumptions and calculations that are unsupported, directly contradicted by available data, and contrary to previous FCC rulings. After having more than 9 months to make its case, and after two prior attempts that we thoroughly rebutted, ACA is making an obvious attempt to further delay the approval of the Comcast NBCU transaction. ACA’s efforts should be rejected by the FCC on both substantive and procedural grounds.”

The company also filed a document with the FCC saying that the merger will provide $600 million in consumer benefit.

Tags