Viewers should urge FCC to end cable monopolies
Webster’s definition of monopoly is: “when one group controls goods or services and prevents others from competing.” This definition describes current antiquated laws governing TV cable companies charging rental fees for set-top boxes.
It might be surprising to many, but according to a recent congressional study, cable companies charge consumers $20 billion each year for rental fees. A typical American household pays about $230 for these unnecessary fees every year. Consumers should be able to purchase this equipment on a free market, rather than rent it from the cable providers.
The cable companies are in the driver’s seat. Just as in the past, telephone companies owned the service as well as the phones. You could not buy a phone and use it in your own home. The situation today is the same. Cable companies own the service and the set-top boxes for which they charge monthly rent.
Consumers should put pressure on their elected officials and the Federal Communications Commission to get rid of this monopoly and to help Americans save money.
W. John Kozinski