Warren and Sanders Team Up To Free Americans From Cable TV Tyranny
Warren and Sanders Team Up To Free Americans From Cable TV Tyranny
January 30, 2016
Its one of those ridiculous ways that cable companies are able to screw you; you sign up for a decent cable package with all the football games and Dancing With The Stars you could ever want for an affordable price, only to be stuck with additional charges when the bill arrives.
Senators Bernie Sanders and Elizabeth Warren have teamed up with the Federal Communications Commission to make it possible for consumers to purchase or rent cable boxes from someone other than their cable provider, ending the costly non-negotiable rental fees that most cable buyers are forced to pay each month.
A press release on Senator Sanders website points out that the rental prices for these boxes by the ruling cable companies have soared in recent years up 185 percent over the past two decades. The FCC proposal would make the field much more competitive, an important first step in helping to reduce the near-monopoly of cable television in the United States.
Sanders says that up to $14 billion of the money that cable companies collect in pointless fees like this are economically pointless profit, and do nothing but line the pockets of rich cable executives. If the market were made more competitive, prices would drop and Americans would benefit from more affordable television.
More:
http://trofire.com/2016/01/30/elizabeth-warren-and-bernie-sanders-team-up-to-free-americans-from-cable-tv-tyranny/