A PYMNTS Company

US: Comcast fights local price caps

By  |  January 31, 2014

Comcast is fighting the Federal Communications Commission’s imposed price caps on the cable’s company service Xfinity in several towns for Comcast’s monopoly in the areas, say reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Comcast filed a request with the FCC for the caps to be lifted in five towns in which is hold exclusive rights to provide cable. In a statement, Comcast said it is “seeking relief from unnecessary regulations.”

    But the towns have fought back, arguing there is not enough competition and that the caps should remain.

    Federal regulation calls for rules for companies that control 85 percent or more of a franchise area.

    Full Content: The Spokesman-Review

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.