Washington, D.C. – U.S. Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) today made the following statements regarding the Comcast-Time Warner Cable merger. Klobuchar is chair and Lee is ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights.
“This proposed merger could have a significant impact on the cable industry and affect consumers across the country,” Klobuchar said. “As chair of the Senate Antitrust Subcommittee, I plan to hold a hearing to carefully scrutinize the details of this merger and its potential consequences for both consumers and competition.”
"Vibrant competition in the cable industry ensures reasonable pricing and quality service for millions of cable subscribers,” Lee said. “I look forward to the opportunity to evaluate the benefits and challenges this merger could bring to the cable market."