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We Don't Need Another Cable Giant
Thom plus logo  Thanks to the FCC, two-thirds of our nation's high-speed internet subscribers may soon be under the control of just two companies.

According to a recent article over at CommonDreams.org, that agency has approved Charter Communication's $90 billion dollar takeover of two other cable providers: Time Warner and Bright House Networks.

Despite the fact that more than 300,000 public comments were submitted regarding the deal, FCC Chairman Tom Wheeler circulated an approval order after Charter agreed to a set of so-called "consumer-friendly" conditions. As if we haven't heard those promises before...

Craig Aaron, the president and CEO of Free Press, said, "Thanks to this merger both Charter and Comcast now have unprecedented control over our cable and Internet connections." He added, "Their crushing monopoly power will mean fewer choices, higher prices, no accountability, and no competition."

And, that is pretty much everything that the FCC was supposed to protect against. We shouldn't be increasing the size of monopolies, we should be breaking them up, and this cable merger should have been blocked.

-Thom

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Tonight on The Big Picture on RT TV at 7pm and 10pm... TTIP...New Docs Reveal It's Worse Than You Know (check your local listings for stations or stream at RT or Free Speech TV, and catch past shows on Youtube)

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Need to Know: TTIP...New Docs Reveal It's Worse Than You Know
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Hour One: Should Dole Get the Corporate Death Penalty?
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Hour Two: TTIP...New Docs Reveal It's Worse Than You Know
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