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Tue Apr 26, 2016, 01:53 PM

FCC Green Lights 'Crushing' Charter Cable Mega-Merger [View all]

http://www.commondreams.org/news/2016/04/26/fcc-green-lights-crushing-charter-cable-mega-merger

When the deal is complete, two-thirds of the nation's high-speed Internet subscribers will be under the control of just two corporations, Charter and Comcast.

The Obama administration has given the green light for Charter Communications to complete its $90 billion takeover of two other major cable providers, a move which critics warn will grant the Internet giant "crushing monopoly power" to drive up prices and control bandwidth, with almost no accountability or competition.

Federal Communications Commission (FCC) chairman Tom Wheeler on Monday circulated an order to approve Charter's acquisition of Time Warner Cable and Bright House Networks.

The merger will combine the nationís second-, third-, and sixth-largest cable-TV and Internet service providers (ISPs) and effectively place two-thirds of the nation's high-speed Internet subscribers under the authority of just two corporations, Charter and Comcast.


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By the 2020 Presidential election, it will be impossible to get information that is not approved by the fascist oligarchy - unless Bernie is President. Neither Clinton or any republican will even attempt to change this.

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Reply FCC Green Lights 'Crushing' Charter Cable Mega-Merger [View all]
Ferd Berfel Apr 2016 OP
metroins Apr 2016 #1
Ferd Berfel Apr 2016 #14
My Good Babushka Apr 2016 #2
highprincipleswork Apr 2016 #3
My Good Babushka Apr 2016 #4
Katashi_itto Apr 2016 #7
pintobean Apr 2016 #8
My Good Babushka Apr 2016 #12
AxionExcel Apr 2016 #5
Katashi_itto Apr 2016 #6
Octafish Apr 2016 #9
1939 Apr 2016 #10
KelleyKramer Apr 2016 #16
surrealAmerican Apr 2016 #11
roamer65 Apr 2016 #13
Ferd Berfel Apr 2016 #15
Samantha Apr 2016 #17