As Comcast remains at the top of the headlines for its recently announced plans of acquiring Time Warner Cable, the nation’s top cable company is facing a new dilemma, this time in the auto industry.
Reports say Comcast is rivaling General Motors to acquire crucial radio waves that could either be used for Web data wi-fi or for communications technology in high-technology cars.
Transportation Secretary Anthony Foxx announced earlier this month that legislation for “talking” cars will be written before the end of President Obama’s term. That announcement, say reports, sparked a rivalry between the cable and auto industries; General Motors says the spectrum that can be used for life-saving car communications technology should take precedence over expanded wireless and web data services.
But Comcast, along with other technology giants like Google and Microsoft, claim such technology is a long-shot this early, and are now pushing for the Federal Communications Commission to allow the tech firms access to the spectrum.
Full Content: West Hawaii Today
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Justice Department Moves to End NCAA Transfer Rule
May 30, 2024 by
CPI
Kenya’s Competition Authority Proposes Tougher Regulations on Big Tech
May 30, 2024 by
CPI
KKR Secures EU Antitrust Approval for $24 Billion Acquisition of Telecom Italia’s Fixed-Line Network
May 30, 2024 by
CPI
European Court Sides with Tech Giants in Italian Regulatory Dispute
May 30, 2024 by
CPI
US Steel and Nippon Steel Secure International Approvals for $14.9B Merger
May 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Healthcare Antitrust
May 31, 2024 by
CPI
AI and Antitrust Considerations in U.S. Health Care
May 31, 2024 by
CPI
Uncertainty in the Bottom Line: New Antitrust Scrutiny and Enforcement in Private Equity Transactions
May 31, 2024 by
CPI
Effecting M&A Diligence When Competitors Are Involved
May 31, 2024 by
CPI
AI, Pharmaceutical Sector, and EU Competition Law and Policy: What Does the Future Look Like?
May 31, 2024 by
CPI