Overwhelming Evidence - Cable Competition Benefits Consumers
Legislative Delays Preserve Monopoly Prices and Harms Consumers
RESTON, Va., Sept. 11 /PRNewswire/ -- Cable TV prices have increased
nearly three times faster than the rate of inflation, and it seems
like every week brings yet another increase. In our last ConsumerGram
we found inflation eating away at consumers' hard earned money, led by
spiking energy, healthcare and, yes, cable TV prices. While consumers
are largely powerless over high energy prices, a solution for lower
cable prices is at hand. The U.S. Congress is considering the
Communications Reform Act of 2006, and many states are considering
similar legislation that would encourage cable TV and video service
competition.
This ConsumerGram summarizes a portion of the vast body of empirical
research studies and finds overwhelming evidence that cable
competition will bring significantly lower prices to consumers, create
jobs and provide economic benefits to communities.
To read the entire ConsumerGram, visit http://www.theamericanconsumer.org.
About The American Consumer Institute
The Institute is an independent public policy organization committed
to providing information, analysis, and public policy research to the
public for the betterment of American consumers. For more information
or to contact us, visit http://www.theamericanconsumer.org. SOURCE The
American Consumer Institute
-0- 09/11/2006
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