Time Warner Inc. (TWX) and its HBO network have met with federal regulators to raise concerns about Charter Communications Inc.'s (CHTR) $79 billion deal to combine with Time Warner Cable Inc. (TWC). Time Warner Cable is a former unit of Time Warner, which runs a service that streams content from HBO. Time Warner and HBO met with the Federal Communications Commission on March 2 to voice their worries that this merger might impede competition in the online video space. According to a letter Time Warner published the next day, 'The purpose of this meeting was to update the FCC with additional information, including public statements made by Charter and nonpublic interactions with Charter that support the concern previously expressed by Time Warner and HBO at a meeting with the FCC staff in [January] 2016, that if the merger is approved, a combined Charter-Time Warner Cable-Bright House will attempt to harm the continued development of over-the-top video broadband competition. The Deal's Senior Reporter Lisa Allen has the details from New York.
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