The FCC Just Made It Easier to Raise Your Cable Rates

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The Federal Communications Commission has approved a proposal that could make it simpler for major cable providers to raise prices.

The decision is a rare win at the FCC for the cable industry, which has suffered a series of losses on net neutrality and other major issues under Chairman Tom Wheeler, himself a former cable lobbyist.

The FCC voted 3-to-2 Tuesday to limit the power of state and local regulators over cable TV packages and prices, according to agency officials. The agency declared that it will assume that there is “effective competition” for cable services nationwide…

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Read more about: ATT, Business/Finance, Cable television, chairman, Communication, Computer law, computing, Electronics, Entertainment/Culture, environment, Federal Communications Commission, Internet access, lobbyist, Network neutrality, Network neutrality in the United States, Technology/Internet, Tom Wheeler