Broadband Reports points out that, “Comcast’s joint bid with Time Warner to purchase the bankrupt Adelphia Communications Corp.’s cable system last week faces a potential roadblock, reports the Washington Post.” As part of the 1992 Cable Act, the FCC set a limit that no single company could own cable systems reaching more than ’30 percent’ of the nation’s customers. Comcast currently has 29% of the market. I also had pointed out that this deal could mean serious troubles for start-ups vying to get a piece of the cable broadband spending bounty.
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