Verizon’s wireless, marketing deal with cable firms to be considered at Senate hearing
A key Senate Judiciary Committee member said he is planning a hearing on Verizon’s spectrum purchase deal with cable companies that includes a controversial marketing arrangement.
Sen Herb Kohl (D-WI) -- chairman of the Antitrust, Competition Policy and Consumer Rights subcommittee -- said the hearing will include a review of a cross-marketing agreement between Verizon Wireless and cable firms including Comcast, Time Warner Cable, and Bright House. “Plans are well underway for a hearing to examine the impact of Verizon’s spectrum purchase from a number of cable companies and a separate marketing agreement to cross-sell each other’s products,” Chairman Kohl said. “The subcommittee carefully examines questions about competition in the wireless and video markets, with the ultimate goal of protecting consumers and reducing their cable and cell phone bills, and these deals are no exception.”
The hearing will likely take place after Feb. 23, the end of the Presidents’ Day recess. The panel hasn’t yet decided on witnesses.