America ’s retentive national cable company horror show is far from over . In fact , it just catch a lot worse because the Federal Communications Commission hasofficially approvedthe Charter - Time Warner Cable merger .
As Gizmodopreviously reported , the stack will bring together Charter , Time Warner Cable , and Bright House — the fourth - large , second - largest , and tenth - largest cable length companies in America , respectively . If it was n’t apparent , this is great for the company , butvery , very bad for consumer .
According to the FCC’spress release , the deal was approved yesterday “ with conditions . ” FCC Chairman Tom Wheeler had previously proposed conditional approval , includingstopping Charter from tacking on custom - found pricing for broadband service and charging companies like Netflix and Amazon money for their bandwidth use . Those caveats , however , are only in position for seven years after the merger . The crush release noted that detail regarding these “ conditions ” will be released “ in the coming days . ”
Charter - Time Warner Cable unification officially approvedpic.twitter.com/R8h21JLJ7b
— Mario Trujillo ( @_mariotrujillo)May 6 , 2016
While the uniting has its sports fan ( like Tom Wheeler , for example ) , it also has its detractors , including FCC member Ajit Pai , who voted against the merger .
“ The FCC ’s amalgamation review process is ill broken , ” a spokesperson for Pai told The Hill . “ Chairman Wheeler ’s decree is n’t about competition , contest , rivalry ; it ’s about regulating , regulating , regulation … It ’s about imposing condition that have nothing to do with the merits of this transaction . It ’s about the government micromanaging the internet economy . ”
This is not an unjust accusation , as the mergerwill very possibly obliterate competition and thereby fuck up the quality of service for meg of customers . consort toThe New York Times , the resulting company would become America ’s secondly - big broadband provider after Comcast . ( Do n’t forget that Comcast and Time Warner Cable also attempted a unification lately , which ended in failure . )
The Charter - Time Warner Cable slew hasalready been approve by the Department of Justice , butaccording to Bloomberg , the deal must still receive approving from California , whose Utilities Commission may vote on itas early as May 12th . ( It must receive favorable reception in California because it will feign customer there . ) Given that an administrative practice of law judge hasalreadygiven it the thumbs up , however , things look to be leaning in the direction of commendation .
let a cavalcade of line companies join forces into one tremendous three - headed line monster is never a dear approximation , but unfortunately , it looks like it ’s proceed to happen .
[ Bloomberg ]
unification
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