Time Warner Sells Telecom Business to Level 3

gavron (1300111) writes "We all know about TW Cable being acquired by Comcast (subject to regulatory approval) but news from today is that their non-cable business is being purchased by Level3 for almost 6 billion dollars.

What used to be the 'largest media and distribution company ever' (AOL Time Warner) is now nothing more than a garage of pieces being parceled off to the first available bidder. This might be good for consumers, but recently Time Warner (and Comcast) won awards for consumer hatred."

Free market always wins

[rodrigoandrade]

No matter how much government tries to regulate something, no matter how much money is poured into lobbying, the free market forces always win.

Good riddance, I say.

Friedman, Hayek, and Mises were right all along!! :-)