Cable TV Regulation
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This paper discusses the relationship between regulation and price, quality and consumer welfare related to cable TV. The paper examines the impact of the Cable Communications Policy Act that freed cable operators from rate regulation resulting in price increases, and the Cable Act of 1992 that reinstated governmental control of rates.
From the Paper:"The problem is that the relationship between regulation and price quality and consumer welfare related to cable TV is unclear. Beard, Ekelund, Ford and Saba reported that while in the past, the cable industry was allowed to increase rates if new channels were offered, pre cable was regulated by local governments with franchise bidding arrangements that were reliant on cost inflation and other factors. During this period, cable was viewed as..."
Cite this Analytical Essay:
Cable TV Regulation (2008, December 01) Retrieved July 10, 2020, from https://www.academon.com/analytical-essay/cable-tv-regulation-121703/
"Cable TV Regulation" 01 December 2008. Web. 10 July. 2020. <https://www.academon.com/analytical-essay/cable-tv-regulation-121703/>