• New York threatens to revoke Charter's purchase of Time Warner Cable

    5 monthes ago - By Ars Technica

    Enlarge / A Charter Spectrum vehicle.
    The New York State Public Service Commission today ordered Charter Communications to pay a $2 million fine and complete broadband construction that was required as a condition of Charter's purchase of Time Warner Cable.
    If Charter doesn't meet its merger-related obligations, the company will "face the risk of having the merger revoked," the commission said in an announcement. The commission said that state law gives it the authority to rescind merger approvals and threatened to start a proceeding to rescind or change the merger approval order if...
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