WASHINGTON — Federal regulators on Monday moved to approve Charter Communications’ $65.5 billion acquisitions of Time Warner Cable and Bright House Networks, enabling the creation of a new cable giant as the industry focuses more on broadband as traditional TV declines.
Yet, the orders to approve the deals were coupled with many restrictions that illustrate how regulators are increasingly using their power to further policy goals that are not covered by current regulations for the industry. The Federal Communications Commission and Justice Department imposed mandat...
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