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Item Details
Title: CABLE TV
REGULATION OR COMPETITION?
By: Robert W. Crandall, Harold Furchtgott-Roth
Format: Paperback

List price: £17.95


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0815716095
ISBN 13: 9780815716099
Publisher: BROOKINGS INSTITUTION
Pub. date: 1 April, 1996
Pages: 160
Description: In this book, Robert Crandall and Harold Furchtgott-Roth examine the case of reregulating cable television and find that viewers gained far more than they lost during the brief deregulatory era because cable services expanded so rapidly in the deregulated environment. Moreover, they show that new technologies are likely to provide considerable market discipline for cable operators in the next few years.
Synopsis: In 1984, Congress simultaneously eliminated state-local regulation of cable television rates and banned telephone companies from offering cable service in their own franchise areas. Five years later, the General Accounting Office discovered that basic cable rates had risen more than four times as rapidly as the overall consumer price level since rate deregulation. As a result, Congress began to move to reimpose cable rate regulation once again, finally succeeding (over President Bush's veto) in 1992.In this book, Robert Crandall and Harold Furchtgott-Roth examine the case of reregulating cable television and find that viewers gained far more than they lost during the brief deregulatory era because cable services expanded so rapidly in the deregulated environment. Moreover, they show that new technologies, such as direct-broadcast satellites, are likely to provide considerable market discipline for cable operators in the next few years, weakening any case for rate regulation. Given regulation's history of impeding innovation, they conclude that economic welfare is more likely to be enhanced by policies aimed at encouraging new entry into video services than by rate regulation.
Publication: US
Imprint: Brookings Institution
Returns: Returnable
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COMPETITION AND CHAOS
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TALK IS CHEAP
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TELECOMMUNICATIONS LIBERALIZATION ON TWO SIDES OF THE ATLANTIC
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