Public Policy Toward Cable Television

Download or read book Public Policy Toward Cable Television written by Thomas W. Hazlett and published by MIT Press (MA). This book was released on 1997 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study of cable rate regulation finds that unregulated monopoly may be superior to regulate monopoly, even in the presence of legal entry barriers. By comparing how rates, quality and volume changed during the periods of deregulation and reregulation in the cable industry, the authors show that cable rate regulation deals with a real problem, monopoly power in local cable markets, but has typically proven perverse in effect.