Right, but the reason that happened is that the FTC, FCC and others approved all these mergers. Comcast would never have organically captured all these customer

Right, but the reason that happened is that the FTC, FCC and others approved all these mergers. Comcast would never have organically captured all these customers. The same thing happened with the banks. They were getting insane concerns and used that money to buy more banks to speculate on that money too, rinse and repeat. The customer at Sante Fe Trust (e.g.) wouldn't have likely chosen to move to Bank of America or Wells Fargo but he didn't get a say. The challenge with capitalism is these rollups of the small players are great for efficiency but once they get past a certain size it will become a defacto monopoly without regulation.