FCC removes competition requirement from Charter-TWC merger conditions

The FCC has reworked one of the key requirements it put on Charter’s 2016 merger with Time Warner Cable and Bright House, governing where the massive cable company expands to in the coming years. Under the original requirement, Charter had to expand its service to 2 million additional households within five years. But half of those households had to already be served by another broadband internet provider, forcing the cable giant to compete.
Read more: https://www.theverge.com/2017/4/3/15161456/fcc-charter-merger-condition-overbuild-reversed?source=Snapzu