'Voluntary' Merger Conditions Too Often Anything but, FSF's May Says
The U.S. Court of Appeals for the D.C. Circuit's rejecting two FCC conditions on Charter Communications' buy of Time Warner Cable and Bright House Networks (see 2008140018) is more evidence the commission needs to quit imposing supposedly "voluntary" conditions unrelated…
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to compliance with existing statutory or regulatory requirements. That per Free State Foundation President Randy May in a blog post Thursday for Yale Journal on Regulation. He said Congress should revise the FCC's merger review process, but neither that nor the FCC's "adopting a new policy of self-restraint in its transaction review process" seems likely in the foreseeable future.