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Report: Netflix backs conditions on Charter's Time Warner Cable deal

Netflix Inc.backed the conditions imposed on CharterCommunications Inc.'s mergerdeal with Time Warner Cable Inc.,Multichannel News reported May 6,citing an official statement.

The streaming giant welcomed Charter's pledge to not applybroadband caps and interconnection fees, and said that this condition wouldhelp support consumer demand for streaming video services.

Charter Communications recently the FCC's consent to completeits merger with Time Warner Cable and BrightHouse Networks LLC.