Netflix-Comcast Feud Escalates

The Hill's Kate Tumerello writes that streaming media service Netflix is becoming increasingly vocal about its opposition to the proposed Comcast/Time Warner Cable merger:

But in a letter to shareholders, Netflix CEO Reed Hastings and CFO David Wells warned the deal would give the resulting company too much market power and leverage over Internet companies.
 
“Comcast is already dominant enough to be able to capture unprecedented fees from transit providers and services such as Netflix,” Hastings and Wells wrote in the shareholder letter, pointing to a deal Netflix struck with Comcast last month to boost the streaming experience for Netflix users.
 
“The combined company would possess even more anti-competitive leverage to charge arbitrary interconnection tolls for access to their customers.”
 
The letter drew a swift and aggressive response from Comcast, which said Netflix’s opposition was grounded in “inaccurate claims and arguments.”