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- BUSINESS, Page 71Business NotesREGULATIONCable vs. Everybody
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- Soon after the cable-television industry was deregulated in
- 1984, critics began calling for new government controls. Many
- consumers wanted to curb fast-rising rates, while would-be
- cable competitors wanted authority to enter the business. Last
- week the House approved a bill that would empower the Federal
- Communications Commission to set rates for basic service and
- would require cable firms to lease channels to potential
- competitors at reasonable prices. But prospects for the bill
- are uncertain. The Senate is unlikely to complete the
- legislation before Congress adjourns Oct. 5. Cable operators are
- generally unhappy with the House bill. But they would be even
- less enthusiastic about a Bush Administration proposal to allow
- telephone companies to provide cable service as well.
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