Public Policy Toward Cable Television: The Economics of Rate Controls

by Thomas W. Hazlett and Matthew L. Spitzer

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.

• Format: Paperback
• Language: English
• ISBN: 0262082535
• ISBN13: 9780262082532
• Release Date: January 1997
• Publisher: MIT Press (MA)
• Length: 253 Pages
• Weight: 1.30 lbs.
• Dimensions: 1.0" x 6.4" x 9.3"