Tuesday, December 12, 2006

Benefit Consumers: End Cable Monopolies

From the time cable lines began replacing TV antennas four decades ago, municipalities have required cable firms to obtain franchises under the assumption that cable service was a “natural monopoly” in need of taming. This local regulation, which was never justified, has become destructive now that there are assorted technologies and service providers that consumers could choose from if given the chance.

Evidence abounds that franchising by cities and townships costs consumers.

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