Entries Matching: VerizonSpectrumCo
As we process
the FCC’s approval of the deal between Verizon, Comcast, and other cable
companies, it’s worth taking a closer look at the actual agreements, based on
the details that the Department of Justice (DOJ) recently released in its
analysis of the deal. Although the DOJ
expressed concerns about the deals it still decided to approve it.
August 16, 2012 the Department of Justice announced its approval
of the Verizon/SpectrumCo Deal, a disappointing outcome for those of us
fighting for greater competition in the broadband marketplace. Check out Jodie Griffin’s thorough
analysis for a full rundown of Public Knowledge’s concerns with the DOJ
approval, including the conditions imposed on Verizon and the cable companies.
Today, the Department of Justice (DOJ) announced that it will allow, with conditions, Verizon, Comcast, and other cable companies to cross-market each other’s products and establish a Joint Operating Entity to develop and control new technology. As part of the deal Verizon will also buy a substantial amount of wireless spectrum from the cable companies. Although only the DOJ's proposed settlement is officially available (pdf), the FCC is also expected to approve the deal next week with similar conditions. On the whole, these conditions fail to adequately address the many harms threatened by the deal,
and the approval of this deal raises significant questions for the
future of broadband competition policy going forward.
As the Federal Communications Commission (FCC) and Department of
Justice (DOJ) continue their review of the proposed deals between
Verizon, Comcast, and several other large cable companies, attention
is turning to the companies' side agreements tied to the proposed
From the very beginning of this proceeding Public Knowledge has
focused on the ways that the side agreements threaten the public
addition to potentially spelling the end of competition between wireline and
wireless internet service providers.
PK President and CEO
Gigi Sohn was back on the Hill Wednesday morning, offering testimony before the
House Subcommittee on Communications and Technology on “The Future of Video.”
The panel featured
seven other members, including representatives from the broadcast, cable,
satellite, movie, internet and streaming industries. Specifically, that means
Charlie Ergen of DISH Network, Robert Johnson of Sky Angel, David Hyman of
Netflix, Jim Funk of Roku, David Barrett of Hearst Television, Michael O'Leary
of the MPAA, and Michael Powell of the NCTA (and formerly of the FCC) all
joined Gigi on the panel. Needless to say, it was a big panel.
Background: Verizon announced today that it would sell some of its
wireless licenses if the Federal Communications Commission (FCC) approved the
company’s plan to buy spectrum from major cable companies and to have marketing
agreements with the cable companies.
The following is attributed to Harold Feld,
legal director of Public Knowledge:
“There is less than meets the eye to
Verizon’s spectrum sale. At the
end of the day, Verizon and the cable companies will still have created a
cartel in which Verizon will rule the air for wireless broadband and cable will
offer the only widespread true high-speed landline Internet services.