Lee, Klobuchar Comment on Proposed Charter Communications-Time Warner Cable Merger
WASHINGTON—U.S. Senators Mike Lee (R-UT) and Amy Klobuchar (D-MN) today issued the following statements regarding the proposed Charter Communications-Time Warner Cable merger. Senator Lee is chair and Senator Klobuchar is ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights.
“The proposed merger between Charter Communications and Time Warner Cable, and the acquisition of Bright House Networks, could have major consequences for both consumers and competition,” Lee said. “Vibrant competition in the cable industry ensures reasonable pricing and quality service for millions of cable subscribers, and so I look forward to the opportunity to evaluate the benefits and challenges presented by this potential consolidation of the cable market.”
“Consumers deserve fair prices and high-quality service from their TV, Internet, and phone service providers,” said Klobuchar. “We need to make sure the proposed merger between Charter Communications and Time Warner Cable does not harm consumers by adversely affecting competition or stifling innovation in the video and broadband markets. Telecommunications services are essential to our economy, and as the leaders of the Senate Antitrust Subcommittee, Senator Lee and I will be looking closely at the effects that this merger could have on consumers.”
