Cable Television

From the Paper:

"In 1984, Congress passed the Cable Communications Policy Act. This Act called for the deregulation of the cable television industry in America. However, instead of encouraging competition within the industry, deregulation enabled local cable companies to establish monopolies around the country. As a result of this lack of competition, cable rates went up and service quality went down. Recently, there have been arguments in favor of re-regulating the cable industry. These arguments call for laws which would reduce the ability of new cable companies to hold exclusive contracts with local governments. This would lead to increased competition as well as increased benefits to consumers. In contrast with consumer opinion, the cable industry is opposed to reregulation. According to industry arguments, deregulation has been responsible for better quality... "

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