Ron Burgundy Posted February 21, 2014 Share Posted February 21, 2014 By David Ingram WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding name that has been gaining currency in government offices. The idea is monopsony power, the mirror image of the better-known monopoly power but a concept that is just as old. A monopoly is one seller with many buyers, while a monopsony (pronounced muh-NOP-suh-nee) is one buyer with many sellers. The U.S. Justice Department's Antitrust Division is all but certain to examine the potential monopsony power, or buying power, that a combined Comcast and Time Warner Cable would have over media companies that provide TV programming, according to lawyers with expertise in antitrust law. View the full article Quote Link to comment Share on other sites More sharing options...
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