Nobody wins, Everybody Pays
“On Sunday, Netflix agreed to pay Comcast an undisclosed amount to ensure that its videos stream smoothly to Comcast customers. But fans of Francis Underwood’s manipulations on House of Cards might want to temper their celebrations.
This is more than a deal between two giant companies: It will affect everyone who uses the Internet. And as with so many things involving Comcast, consumers will end up paying for it in the end.”
"Let’s be clear. The Comcast-Netflix agreement is not the outcome of a free market. This is Comcast having Netflix over a barrel, and backing off only when it became clear that this sort of trickery could potentially derail its mega-merger with Time Warner Cable."
"This is a critical moment for our country. If Comcast acquires Time Warner Cable, it will control 55 percent of the U.S. market’s pay-TV/Internet bundled customers. It will be the only provider of this advanced communications package to nearly four out of every 10 U.S. homes. With this much control over the platform we all use to communicate and share with the outside world, the new normal will be whatever Comcast wants it to be.
Our country used to guard against the consolidation of this much market power, but in recent years policymakers have forgotten the lessons of history. We need to put the “public” back into public policy and some teeth back into our antitrust enforcement.
The average Internet user is at the mercy of companies like Comcast and Verizon, which won’t hesitate to degrade their services as a negotiating ploy. We need a watchdog in Washington who will demand transparency and who has the authority to stop discrimination and anti-competitive behavior.”
Why The Comcast-Netflix Deal Should Worry You [*]