Charter Communications CEO Tom Rutledge cheered the prospect of fewer regulations under President-elect Donald Trump. “That’s cool,” he reportedly told investors Tuesday at a conference. “I was surprised at the how captured I was in the psychology of the regulatory environment,” Rutledge said. “And you start to think: It’s gone.”
Rutledge also suggested the company agreed to a merger condition that prohibits it from imposing usage caps for seven years due to the former regulatory climate at the FCC. “Under that environment, I thought it was fine, but here we are,” he reportedly said.