Comcast thinks very, very poorly of our intelligence. That’s the only conclusion I can come to after reading up on the company’s testimony in the Senate on Wednesday in which it hilariously tried to convince us that it’s really a tiny little underdog in the content distribution world that needs to merge with Time Warner Cable so it can stand up to the big bullies at Google, Amazon, Apple and Microsoft. To illustrate this point, as LA Times columnist Michael Hiltzik points out, the company passed around a ridiculous chart showing how small its market cap is compared to its “competitors.” What’s more, Comcast exec David Cohen said that all of these “rivals” already have a massive advantage over his poor beleaguered
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