Comcast and Time Warner Cable say their proposed merger into one massive cable company will help consumers. The deal "does not reduce competition in any market or in any way," insists Comcast CEO Brian Roberts. Well so what, is a common refrain among analysts—competition is already so terrible that the assertion means little. A sampling:
- Matthew Yglesias, Slate: "The merger proposed here will in effect turn two medium-size regional monopolists into a big sprawling monopolist. But in terms of consumer-facing competition, you're going from zero to two times zero."