Time Warner Cable deal gets OK, with online video conditions

April 25, 2016 9:33 PM

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NEW YORK — Federal regulators will impose several conditions meant to protect online video services as they back Charter’s bid to buy Time Warner Cable and create the country’s second-largest home Internet provider.

The Justice Department approved the deal Monday, subject to court approval on the conditions, while Federal Communications Commission Chairman Tom Wheeler circulated a draft order to OK the combination. That leaves California’s utility regulator, whose approval is expected in May.

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