Quote:
Originally Posted by Giantone
|
Yeah, its basically the equivalent of a parole saying something like 'I swear I will remain drug free.' Of course neglecting to mention that passing mandatory drug test are a condition of their release.
I actually saw this the other day as well and couldn't help but laugh
Comcast's Cohen to regulators: 'Don't make us the next Blockbuster' - FierceCable
Quote:
|
"In 2005," Cohen noted, "Blockbuster looked so dominant in home video that FTC antitrust concerns barred it from acquiring a competitor Hollywood Video. Has anyone seen any Blockbusters around recently? Today, virtually the entire bricks and mortar video rental industry has all but disappeared."
|
Ironically enough I do agree with him that Comcast is a legitimate risk to disappear sooner rather than later. However when that comes to pass it will be Comcast own doing. So much of their growth and market share has been based on acquisitions and
anti-competitive practices such as exclusivity agreements with townships and threats to leave town if they have to compete with current infrastructure. Very little of it is based on organic growth and cutting edge products. Or at the very least economical products that are reasonably priced.
You can't expect to gouge customers, provide terrible service, actively sabotage the free market, and lobby for terrible policies, among many other terrible practices (such as the possibility of collusion with other cable companies) and hope to elicit sympathy when you face the risk of going belly up. They are practically a modern day Enron less the Accounting scandal.