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Unformatted text preview: changes the cable company will not tell you about rate changes unless they feel that they may lose you to another company . I think what the cable companies need to is tell the public about they are doing and offer rebates to users of their service . The problem we have right now is that no one is regulating the cable companies and so they are starting to become a monopoly over satellite and other forms of receiving television . The FCC used to be in charge of regulating these cable companies but in 1996 when the telecommunications act came in to play the FCC lost all of its control over cable companies. The best thing the cable companies can do is to offer some sort of rebate to consumers or they could lower their prices so that people can get cable with out having to pay outrageous monthly fees to these cable companies....
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This note was uploaded on 04/23/2008 for the course BUS 100 taught by Professor Borders during the Spring '07 term at Illinois State.
- Spring '07