The FCC is using streaming services as an excuse to raise cable rates

Photo by Chip Somodevilla/Getty Images The rise of streaming services could give cable companies an excuse to raise rates under a Federal Communications Commission order handed down on October 25th. The order, which comes in response to a petition by Charter, finds that AT&T’s TV Now streaming service qualifies as reasonable competition for conventional cable, opening the door to a massive deregulation in monopoly cable markets.
Under the Cable Act of 1992, local regulators are permit