Posts Tagged ‘anti-trust’

Capitol Confidential

Google’s Investment in Politics Starts to Pay Dividends

by Capitol Confidential

Google’s growing influence with government is beginning to pay dividends for the company while leaving consumers and taxpayers on the short end of the stick.

Since donating over $1 million to the president’s campaign and building its online presence and fundraising base, the company has reaped continued returns on their investment, so much so, that Google’s former CEO is rumored to be on the shortlist to be the nation’s new Secretary of Commerce.

In order to pad its bottom line, Google made a conscious effort to grow its influence in Washington by hiring insiders and placing Google executives in the Administration. In a short period of time, Google has been rewarded with over 25 contracts with government agencies including the NASA, the Pentagon and the National Security Agency.

(more…)

Capitol Confidential

Comcast-NBC Deal: Does the Merger’s Approval Rest on Health Care?

by Capitol Confidential

nbc-comcast-graphic_20091001131224_320_240.JPG

I’ll be the first to admit that anti-trust law is not my strong suit.  The myriad implications of cable giant Comcast’s proposed acquisition of NBC are complexities beyond the grasp of most mortals.  Legions of attorneys will put legions of children through college with the fees that this transaction will generate.  This is the kind of stimulus that will inject much-needed capital into the private country club sector of the economy.

But beyond the regulatory and legal minutia that technically govern this proposed deal, one obscenely crass, downright offensive action by Comcast’s CEO warrants the application of withering scrutiny to the merger.

A day, one single day, after the two media giants announced their deal, Comcast CEO Brian Roberts proudly weighed in to strongly support the Senate Democrats’ health care reform bill.

(more…)