Update: New York State has revoked its approval of the Charter/Time-Warner merger and has ordered the company to finalize plans to sell off the Time-Warner assets within 60 days.
When Charter merged with Time Warner Cable, it promised the state of New York that it would expand its broadband network. It didn't actually do that, though it continued to report great progress on the project, which was a lot cheaper than actually making progress.
Read the rest
Monopoly season is open, and Net Neutrality just died. The Justice Department will not try to stop AT&T from purchasing Time Warner, and the companies are now free to close their deal. The government may yet appeal a ruling on its antitrust lawsuit against the ultra-giga-mega-merger. Read the rest
Susan Crawford, one of America's leading scholars of monopolism, competition and the tech industry, has an outstanding article in Wired laying out the principled case for killing the AT&T/Time-Warner merger, which the Trump DoJ has just filed a lawsuit to block.
Read the rest
The New York AG's lawsuit against Time Warner Cable (now a division of Charter) lays out a damning set of accusations of fradulent conduct, including "f sky-high prices, chronic service outages, bait-and-switch plan offerings, lower-than-advertised internet speeds and other indignities." Read the rest