Overwhelming Evidence - Cable Competition Benefits Consumers

Overwhelming Evidence - Cable Competition Benefits Consumers

Legislative Delays Preserve Monopoly Prices and Harms Consumers

RESTON, Va., Sept. 11 /PRNewswire/ -- Cable TV prices have increased nearly three times faster than the rate of inflation, and it seems like every week brings yet another increase. In our last ConsumerGram we found inflation eating away at consumers' hard earned money, led by spiking energy, healthcare and, yes, cable TV prices. While consumers are largely powerless over high energy prices, a solution for lower cable prices is at hand. The U.S. Congress is considering the Communications Reform Act of 2006, and many states are considering similar legislation that would encourage cable TV and video service competition.

This ConsumerGram summarizes a portion of the vast body of empirical research studies and finds overwhelming evidence that cable competition will bring significantly lower prices to consumers, create jobs and provide economic benefits to communities.

To read the entire ConsumerGram, visit http://www.theamericanconsumer.org/.

About The American Consumer Institute

The Institute is an independent public policy organization committed to providing information, analysis, and public policy research to the public for the betterment of American consumers. For more information or to contact us, visit http://www.theamericanconsumer.org/.

Source: The American Consumer Institute

CONTACT: Stephen Pociask of The American Consumer Institute,
+1-703-471-3954

Web site: http://www.theamericanconsumer.org/

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