Free Press: Online Options Are Not Creating Real Competition in the Video Market
WASHINGTON -- On Friday, the Federal Communications Commission voted on its 15th MVPD report assessing the status of competition in the video industry.
Free Press Policy Director Matt Wood made the following statement:
“The cable market isn’t competitive. All you have to do is look at your cable bill to see that prices are going up, not down. And no matter what the FCC might say about increased choices online, it's a sure sign of a broken market when the best that giants like Google and Apple can promise is a better cable box. It’s not an actual alternative if customers are still tied to the cable model. Until we break apart the forced channel bundles and get rid of unnecessary online data caps, we'll never see more than baby-step innovations and skyrocketing prices.”