Question on Adelphia
I've gotten conflicting info on this, so antitrust experts please respond... When the feds (specifically FTC and FCC) are reviewing a merger of a cable co., do they consider market share of local markets or just regional / national? Reason being, as most of you know, Adelphia's going to be bought in this 11, and Time Warner is going to be one of the buyers... such a purchase would give Time Warner almost 100% of the cable subs in the LA market. Can that make it fail antitrust?