Sunday, April 24, 2005

All Systems Go for Time Warner Cable Upgrade

With the planned takeover of most of the bankrupt Adelphia Communications and asset swaps with Comcast Corp., Time Warner Cable hopes to bring the performance of the newly acquired cable systems up to its standards. It seems that Time Warner is trying to buy up all that is possible to be able to run the majority of the cable systems and company. After reading this article would you still say that there is perfect competition in the cable industry or are certain companies trying to get to the level of a monopoly?

1 comment:

Morgan K said...

Obviously Time Warner is trying to create a monopoly. I guess with the right amount of money to buy everyone else out, they'll be able to do it eventually.