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Explainer: The demise of the Comcast/Time Warner Cable merger, for humans

Attorney General Eric Holder called the failure of the deal a “victory.”

Source: mashable.com

Thank goodness the FCC stepped in to blow up the deal that could have allowed Comcast complete control of the cable market including pricing that would have been a greater monster to cable subscribers. The $45-billion Comcast deal to buy Time Warner was prevented thanks to Tom Wheeler, chairman of the Federal Communications Commission, who said the deal failed the best interests of consumers.

Attorney General Eric Holder even called the failure of the deal a "victory," which means for everyone – not just consumers.

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