The FCC killed the huge merger between Time Warner Cable and Comcast, but that doesn't mean all of that merger talk is done for good. Time Warner is now a part of a $56 billion proposed super merger that would create another huge cable and Internet company. Critics say this merger will further limit competition in the cable TV and Internet industry.
This time around, Charter Communications is the company offering to buy Time Warner. If the proposed merger goes through, the resulting company would control 20% of the nation's broadband Internet market.
The deal is likely to run into the same scrutiny from the FCC that ended up dooming the Comcast merger. That's because it could limit consumer choices in the broadband and cable market.
A Charter bid for Time Warner Cable would likely be approved by the Justice Department’s Antitrust Division but could face conditions at the Federal Communications Commission, said Gene Kimmelman, who worked at the Justice Department. The union would create a company smaller than Comcast, he said.