Steve Neavling
ticklethewire.com
The Justice Department has launched an anti-trust investigation into whether cable companies are acting improperly to hurt competition from online video, the Wall Street Journal reported.
Justice Department officials have talked to cable companies such as Comcast and Time Warner Cable about setting data caps and limiting how much a subscriber can download a month, The Wall Street Journal reported, citing people familiar with the matter.
Access to cheaper online video has hurt cable companies that offer more expensive cable TV packages in what is known in the industry as “cord cutting.”
The probe is shaking a tightly regulated industry and could change the future of new online video services.
