FCC to Cable Industry: “Open wide”


The FCC has ruled to open the Cable industry in a surprise move from an agency that is notable for NOT regulating markets.    This decision is, however, consistent with the idea that since Cable companies have enjoyed an unsual monopoly-esque sort of status in media for some time, and have taken advantage of that by rising cable rates much faster than inflation would suggest they should have. The  New York Times  reports.