Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

Ferd Berfel

(3,687 posts)
Tue Apr 26, 2016, 01:53 PM Apr 2016

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 nation’s 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.


----------------------
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.
17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Awful, just awful. metroins Apr 2016 #1
This shit will continue and get worse Ferd Berfel Apr 2016 #14
Another bad idea. nt. My Good Babushka Apr 2016 #2
I'm seeking political refugee status. highprincipleswork Apr 2016 #3
Look at how this post dropped My Good Babushka Apr 2016 #4
They are to busy celebrating the soon victory of someone who will do nothing for us. Katashi_itto Apr 2016 #7
Who's stopping you from discussing it? pintobean Apr 2016 #8
Are you in favor of media consolidation? My Good Babushka Apr 2016 #12
"All your internet are belong to us." - Corporate Citizens, Inc. AxionExcel Apr 2016 #5
K&R!! Katashi_itto Apr 2016 #6
Worked like a charm for broadcasters. Octafish Apr 2016 #9
Really an "end-to-end" merger 1939 Apr 2016 #10
Sorry, but you are very wrong. .. KelleyKramer Apr 2016 #16
k & r surrealAmerican Apr 2016 #11
If allowed to merge, then they should fall under public utility regulations. roamer65 Apr 2016 #13
THey shold fully become regulated public Utililties Ferd Berfel Apr 2016 #15
Where does that leave Verizon? Samantha Apr 2016 #17
Latest Discussions»General Discussion»FCC Green Lights 'Crushin...