POLITICS

The FCC Just Made It Easier To Raise Your Cable Rates

The Time Warner Cable corporate logo is displayed at a company store, Tuesday, May 26, 2015 in New York. Charter Communicatio
The Time Warner Cable corporate logo is displayed at a company store, Tuesday, May 26, 2015 in New York. Charter Communications is buying Time Warner Cable for $55.33 billion. And executives say they're confident regulators will allow the creation of another U.S. TV and Internet giant. (AP Photo/Mark Lennihan)

The Federal Communications Commission has quietly approved a proposal that could make it easier for major cable providers like Comcast to raise prices.

The decision is a rare win at the FCC for the cable industry, which has suffered a series of losses on net neutrality and other major issues under Chairman Tom Wheeler, himself a former cable lobbyist.

The FCC voted 3-to-2 Tuesday to limit the power of state and local regulators over cable TV packages and prices, according to agency officials. The agency declared that it will assume that there is "effective competition" for cable services nationwide.

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