Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: FRIDAY, May 26, 1995 TAG: 9505260088 SECTION: NATIONAL/INTERNATIONAL PAGE: A9 EDITION: METRO SOURCE: ASSOCIATED PRESS DATELINE: WASHINGTON LENGTH: Short
The House Commerce Committee scuttled a plan by Rep. Edward Markey, D-Mass., architect of a 1992 law regulating cable rates, to temper provisions in the bill that would dismantle protection against rate increases.
Later, on a vote of 38-5, the committee approved the overall bill. Supporters say the measure will benefit consumers by increasing competition, which they contend will lead to lower prices and greater choices in products and services. Opponents say the bill will lead to higher prices.
Markey's amendment, which was rejected 32-14, would have permitted cable rates at all but small systems to be deregulated only when another competitor with ``comparable video programming'' was authorized to compete against the local cable company.
by CNB