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Comcast Corporation Case

Decent Essays

It would be fair to say that the Comcast Corporation is a triple treat. The company provides cable, internet services, and is a home telephone provider. With all that Comcast is producing film, cable, and television. “It’s the largest media company in the world. In 2013, it took in $64.67 billion, generating $13.6 billion in operating income and $7.1 billion in net profits (Cassidy, 2014)”. How can any company compete with that, this is why as an economic society we need competition. This giant is still not satisfied with the profitable margin that it receives each year. Comcast merged with Time Warner Cable in 2005 to purchase the competition, Adelphia Communications. In purchasing the fifth largest cable company comes all of their subscribers making Comcast a colossal company. Now that it has majority control over the market, Comcast is selling the idea to the public that the services they will provide will benefit the consumer. The large cable company’s know that as a consumer we have no choice but to pay for the entertainment that they provide, which leaves the consumer with no choice at all. …show more content…

The services that the Comcast Company provides the consumer are the same quality of entertainment around the world, just a cheaper price. This is because they have implemented a competition policy which helps new providers to enter the market at competitive prices. When we compare the triple-play packages that we receive from Comcast to other parts of the country they are significantly different. Looking at France’s packages, they offer free telephone services around the world and their internet services is much faster then what Comcast is providing. Why are Americans paying for the same service, just at a much higher

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