Cable TV: Regulation or Competition? - Rilegato

Crandall, Robert W.; Furchtgott-Roth, Harold

Rilegato

ISBN 10: 0815716109 ISBN 13: 9780815716105

Casa editrice: Brookings Inst Pr, 1996

Riassunto

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.

Su questo libro

Informazioni sull'autore

Harold Furchtgott-Roth is chief economist for the House Commerce Committee.

Dettagli dell'edizione

• Editore: Brookings Inst Pr
• Data di pubblicazione: 1996
• Lingua: Inglese
• ISBN 10: 0815716109
• ISBN 13: 9780815716105
• Rilegatura: Copertina rigida
• Numero di pagine: 161
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile