Consumers need to be protected from price gouging for something they can’t live without. Give state public utilities commissions the power to oversee internet pricing, writes columnist Davidlaz.
Speculation has been growing in recent days that struggling satellite-TV provider Dish Network could merge with AT&T’s DirecTV satellite service.
The Federal Communications Commission decided after a 57-week review that, monopoly concerns notwithstanding, “the merger is in the public interest and will provide consumers with greater flexibility and choices.” The merged companies would still have to compete in most regions with cable and streaming providers, the latter of which are strengthening quickly, although perhaps not in a sustainable manner considering how fast they’re burning through cash .
Telecom companies will do everything possible to protect shareholder value. For the likes of AT&T, Comcast, Charter/Spectrum and others, that means offsetting losses in TV subscribers by increasing revenue from fast-growing internet-only customers.
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