FCC considering caps on cable ownership

It's not all gifts for cable giant Comcast this holiday season, as the FCC is considering a new cap on cable ownership. FCC Chairman Kevin Martin and two of the Commissioners are set to support the cap plan, which would affect any company that controls over thirty percent of cable subscribers nationwide, while the remaining pair have not made their intentions public. The FCC has conducted additional market research to bolster their argument for limiting ownership, as a previous plan was rejected in 2004 by a federal judge. While the cable industry is sure to sue if the plan moves forward, perhaps Comcast should shore up any complaints on that pesky packet spoofing issue before this gets any uglier.

[NHAnimator @ Dec 3rd 2007 12:45PM]

Capping Comcast's ownership at 30% won't help me when they have a 100% share of my community's cable provider contract.

[Dave @ Dec 3rd 2007 1:09PM]

Re-read the article. This doesn't cap ownership at 30%, but rather exerts special control over a corporation that does.

[NHAnimator @ Dec 3rd 2007 1:33PM]

Okay, I'll give you that. I think that when I read "FCC considering caps on cable ownership" and "the FCC is considering a new cap on cable ownership" I kind of got confused. My error.

[Reginald @ Dec 3rd 2007 1:08PM]

Seems lately that the FCC really doesn't really like Comcast, aka "The Cable Company."

[JayRome @ Dec 3rd 2007 1:29PM]

Bout time the FCC raised it's pimp hand in Comcast's face! Now just go ahead and lay the smack down.

[Loker @ Dec 3rd 2007 1:46PM]

Comcast may not be an ideal company but limiting them is a bad idea...

-They wont be able to expand into areas where the Telco has horrible high speed service because the cable provider that is there has no interest in competing.
-FIOS and U-Verse roll out will probably slow.
-Comcast will raise rates on current customers just to try and continue to increase profits.

This is not pro-consumer this is pro-fcc chairman big fat telco pay off...Comcast has its issues but come on...

[Joey Geraci @ Dec 3rd 2007 2:33PM]

Your either incredibly stupid or incredibly paid off.

[Loker @ Dec 3rd 2007 3:15PM]

or you are incredibly dense if you think limiting competition will somehow help competition...

[apeguero @ Dec 3rd 2007 4:43PM]

Nothing nicer than to see "The Man" sticking it to..."The Man"!?! Huh? That didn't sound right. Should it be "The Man" sticking it to itself? Or was I right the first time?