Bill to rein in rising cable TV rates was introduced Tues. by Rep...
Bill to rein in rising cable TV rates was introduced Tues. by Rep. Frank (D-Mass.), who said legislation was needed to amend provision in Telecom Act that deregulated cable industry at expense of consumers. Bill would repeal Sec. 301…
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of Act and restore FCC authority to act upon consumer complaints about cable service. “The FCC has lacked adequate authority over the cable monopolies and consumers have paid the price,” Frank said. “After 5 years of deregulation we have learned that the problem was not too much FCC action, but too little.” NCTA said bill was “step backward” and would interfere with network cable network upgrades and additional broadband deployment. “The 1996 Telecommunications Act spurred $45 billion in private investment to upgrade cable systems, resulting in the offering of digital video, high-speed Internet access and cable telephony services to millions of consumers,” NCTA said. “Cable customers have voted their approval by opting for more than 15 million units of these services since deregulation.”