Consolidation in the Cord-Cutting Era

In 2015, Charter Spectrum bought Time Warner Cable and Bright House Networks, a mammoth merger in the telecommunications and cable industry that made Charter the second-largest broadband provider in the nation. Jonathan Schwantes, senior policy counsel and manager of special projects at Consumer Reports explains how the cable industry changed dramatically after the passage of the Telecom Act, why millions of consumers are cutting the cord and leaving cable, and what the telecom giants are doing to maintain their monopoly on the way people exchange information. For additional resources see: https://ilsr.org/building-local-power/