FROM IAN MASTER'S BACKGROUND BRIEFING
WHEN MONOPOLIES RULE OUR ACCESS TO COMMUNICATIONS
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We begin with the growing public outrage over the standoff between the two corporate giants Time Warner Cable and CBS who in the last 12 months earned $7.65 billion and $3.65 billion in profits respectively. Susan Crawford, who served as Special Assistant to President Obama for Science, Technology and Innovation Policy and is the author of “Captive Audience: The Telecom Industry and Monopoly Power in the New Gilded Age” joins us. We discuss what recourse customers who are being denied service they are paying for, have, given the passivity of the FCC and the absence of a Congress more beholden to contributors than constituents.
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