New Charter Foes Worry About OK Amid Report FCC Nearing Decision

a report in the Wall Street Journal Tuesday night that Chairman Tom Wheeler is close to circulating a draft order on approval of the deals "gloss[es] over the difficult questions that still must be addressed." The group, which has made its case about harms of the deal before the FCC multiple times (see 1603110048, 1602240030 and 1602110045), said New Charter "profoundly threatens competition and choice in the cable-and-broadband marketplace. This FCC and DOJ have made clear that these problems are a top priority and have a track record to back it up. This all suggests that the deal will not be approved without strong, enforceable and long-lasting conditions that protect consumers. The Stop Mega Cable Coalition will continue its efforts to ensure that this deal does not get approved until its many harms are addressed." The FCC declined to comment Wednesday except to say the deals remained under review. The agency's unofficial 180-day shot clock for that review stood Wednesday at 172. Charter also didn't comment. In a statement Wednesday, David Segal, executive director of activist organization Demand Progress, said New Charter approval would mean "Big Cable will see even bigger profits while American consumers will be stuck with higher prices and fewer options. Chairman Wheeler has talked a good game about supporting competition in the broadband market, and whether he rejects the Charter merger will put his words to the test." Free Press President Craig Aaron said much the same when he called Charter/TWC/BHN "a waste" considering the costs involved. "This same money could be spent to build new competitive broadband options for tens of millions of people," he said. "If this deal gets approved, however, these billions won’t help build anything. They’ll merely be a payoff to Time Warner Cable’s shareholders and executives. CEO Rob Marcus will get a $100 million golden parachute for his troubles, while cable customers will be stuck with the tab." Aaron said New Charter and Comcast "would have unprecedented control over our cable and Internet connections," resulting in fewer choices, higher prices and lessened competition. "No conditions can mitigate this merger’s many public interest harms or lower the monthly bills for those who’ll be hit hardest by these rate hikes: people in low-income communities and on the wrong side of the digital divide," he said, adding that Wheeler "needs to block this disastrous deal and get back to protecting the public interest."