To preserve competition from online video services, the Justice Department is forbidding Charter from restricting what media companies make available online. 3 in video, trailing Comcast and AT&T, which bought DirecTV last year. That leaves California’s utility regulator, whose approval is expected in May.īuying Time Warner Cable and Bright House Networks will turn Charter Communications, a mid-size cable company, into the country’s No. The Justice Department approved the deal today, subject to court approval on the conditions, while Federal Communications Commission Chairman Tom Wheeler circulated a draft order to OK the combination. NEW YORK » Federal regulators will impose several conditions meant to protect online video services as they back Charter’s bid to buy Time Warner Cable and create the country’s second-largest home Internet provider.
0 kommentar(er)
