Comcast was not commenting at press time on reports that it was pulling the plug on its Time Warner Cable merger proposal, but critics of the deal certainly were.
The celebrations for the potential fall of the deal were already beginning.
"Comcast's withdrawal of its proposed merger with Time Warner Cable would be spectacularly good news for consumers concerned about the spiraling costs of cable and broadband and for millions of citizens who want nothing more to do with gatekeeping and consolidation in the communications ecosystem on which our democracy depends," said former FCC chairman Michael Copps, who is now special advisor to Common Cause's Media and Democracy Reform Initiative.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.