What does the Comcast - Time Warner Cable merger mean for you? The Real Deal

Published 02/13 2014 06:12PM

Updated 02/13 2014 06:42PM

Syracuse (WSYR-TV) - Comcast has a deal in place to buy Time Warner Cable for $45 billion, pending approval from the government. But what does this mean for you the consumer?

The merger would combine the two largest cable TV companies in the country, with Comcast providing services to nearly 30 million customers, or about a third of TV households.

SU Professor Barbara Jones says we'll have to wait and see if our cable bills could go down. “It's a good thing for consumers if the prices go down," she said. "Their size - in the same way if you buy 25 of something off the shelf at the grocery store - you get a better rate,” explained Jones. “That same theory could be applied to the type of arrangement that Comcast is able to negotiate with their programming providers. And with any luck they could pass on those savings to consumers.”

Those against the deal say it would give too much power to one company and give consumers, fewer options.

The deal is also expected to be heavily scrutinized by government regulators as the merger will not just consist of cable companies, but also with Comcast taking over Time Warner Cable internet operations.

If approved, the proposed deal between Time Warner Cable and Comcast is expected to be done by the end of the year

The Justice Department and the Federal Communications Commission have to approve the merger. They could also make Comcast agree to certain rules or measures before giving their approval.

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