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Dear Local 2105,
Verizon Wireless and the largest cable companies have
inked an agreement to stop competing and become
partners. But they’ve kept the details secret.
Here’s what we do know: this deal is a
death knell for consumer choice and industry
competition. By joining together and marketing
each others’ services, Verizon Wireless, Comcast, Time
Warner, Bright House, and Cox will concentrate their
power in the industry, becoming a virtual monopoly.
The deal also includes a joint operating entity to
develop exclusive, proprietary technologies the Verizon/Big
Cable partners would use to crush competitors.
Verizon and the cable companies don’t want scrutiny
of this deal. With opposition to the deal growing, the
FCC just temporarily suspended its regulatory review.
But even if the companies do provide more information
about the deal to the FCC, much of it will be locked
behind confidentiality agreements, hidden from the
public. The stakes are too high to let this happen.
Will you ask your members of Congress to
demand a public hearing on the Verizon/Big Cable
monopoly-making deal? Click
here to take action.
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