Senate Judiciary Committee To Hold Hearing In March On Cable Merger
February 24, 2014
WASHINGTON (Monday, February 24, 2014) – The Senate Judiciary Committee will hold a hearing next month to review the impact of the Comcast-Time Warner Cable merger on American consumers, Chairman Patrick Leahy (D-Vt.) announced Monday.
The hearing comes weeks after Comcast announced it was purchasing Time Warner Cable, resulting in the merger of the two dominant cable companies in the market.
“Millions of Americans rely on cable connectivity to receive the programs they love and to access the Internet at the fast speed needed as we conduct more of our lives online,” Leahy said. “The merger of Comcast and Time Warner Cable touches on important policy questions about how Americans access these valuable services. It also presents a critical moment to discuss net neutrality principles that have allowed the Internet to remain an open marketplace for ideas.”
Leahy added: “Because these are issues of national importance, they deserve the full attention of the Judiciary Committee. I look forward to next month’s discussion.”
Senator Amy Klobuchar (D-Minn.), who chairs the Subcommittee on Antitrust, Competition Policy and Consumer Rights, said “This hearing will be an opportunity to take a close look at the details of the proposed merger and how it will impact competition in the cable and broadband markets. Consumers deserve fair prices and high quality service for their TV and internet access, and as chair of the Senate Antitrust Subcommittee I plan to carefully scrutinize these aspects of the proposed agreement.”
The hearing will be held on Wednesday, March 26, at 10 a.m. in Room 226 of the Dirksen Senate Office Building. Member statements, witness testimony, and a live webcast will be available online on March 26.
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