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Regulation of cable TV and Internet companies to get approval before a committee board before raising rates.

Created by K.B. on March 07, 2014

Cable companies usually require customers to purchase a tier or bundle of channels. Bring down monthly cable bills by allowing consumers to opt out of the dozens or even hundreds of channels that they don't watch. Force Cable and Internet providers to go before a committee of board members to submit a rate increase proposal and have it voted on. All rate increases that a cable TV or Internet company plan to make must be approved by the federal government, (FERC).The government would temporarily stop a company from changing one of these requirements if the change could be deemed unfair or unreasonable. If the government approves the increase, it avoids sending a steep increase to customers by setting down a schedule describing how quickly the rate can escalate and how high of an increase.

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