WASHINGTON -- Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) sent a letter on Friday accusing big cable companies of using monopoly powers to muscle consumers into paying higher prices.
In the letter, addressed to Federal Communications Commission Chairman Tom Wheeler, Sanders and Warren wrote that mega-mergers have left over 60 percent of Americans with no choice whatsoever when it comes to their cable and Internet providers. This state of things, they wrote, makes it possible for companies to jack up prices without losing customers to competition. Sens. Al Franken (D-Minn.) and Ed Markey (D-Mass.) also signed the letter.