New York revokes Charter merger

If you live anywhere other than the state of New York, don't uncork the celebratory vodka, since this latest development applies only to the Empire State. Still, it should set an example for other states.

Like other states, New York rubber-stamped Charter's 2016 takeover of Time Warner. The company provides Internet under the Spectrum brand, and quality of service has declined since the merger while the price has soared. I recently caught them illegally throttling my Internet traffic. But now, the New York State Public Service Commission has revoked its approval of this merger, because the company didn't live up to its agreement to expand service to rural areas.

After the company also broke its pledge not to raise rates, Kentucky needs to follow New York's lead.

(Source: https://www.reuters.com/article/us-timewarnercable-m-a-charter-commns/new-york-state-revokes-approval-of-charter-time-warner-cable-deal-idUSKBN1KH2EJ)