The Upload: Your tech news briefing for Friday, April 24
Comcast: Let’s call the whole thing offJust one day after a U.S. regulator was said to be calling for hearings on the proposed $45 billion merger between Comcast and Time Warner Cable come reports that Comcast is ready to abandon the tie-up, and may make an announcement on Friday. The combined companies would control more than half of the broadband Internet access market in the U.S.—a market where customers already grumble about their lack of choice, and pay more for less than people in virtually every other developed country. The omens for gaining regulatory approval have been darkening: not only did the Federal Communications Commission want hearings on the matter, but the Department of Justice, which monitors antitrust issues, was also apparently not a fan of the deal.To read this article in full or to leave a comment, please click here