The Federal Communications Commission held a public hearing in Chicago Tuesday on the Comcast/NBC Universal merger. Free Speech Radio Network has a good overview of the hearing. I particularly liked this comment from Josh Silver of the Free Press:
He says the merger would be yet another giveaway to industry giants at the public expense:
JOSH SILVER: Policymaking at the behest of the largest companies across industries is threatening our economy, our oceans, our security and the very viability of our democracy. Just look at the ongoing recession or the disaster in the Gulf of Mexico for the most recent examples.
It’s telling that this hearing was attended by only one FCC commissioner, Michael Copps. He spoke in opposition to the merger, but industry experts expect the FCC to ultimately approve it, with conditions. Copps was interviewed by the Philadelphia Inquirer and made a good point:
Copps warned that other media companies would seek government approval for their own mergers if Comcast were allowed to move forward with its proposed acquisition of NBC Universal. And that, he said, could lead the nation down a dangerous path of diminished newsrooms and fewer independent voices on television.
“If you let our competitor get big, you have to let us get big” would be the attitude among Comcast’s competitors, Copps said. Control of the Internet could consolidate into the hands of a few big corporations, in a manner similar to control of radio stations across the country, he said.