Muncie Times, Muncie, Delaware County, 20 August 1992 — Page 25

The Muncie Times, Thursday, August 20, 1992, Page 25

DESIGNER FASHION SHOW Featuring Top Model from Chicago & Indianapolis PLACE: Horizon Convention Center WHEN: SUNDAY OCT. 25 4:00 P.M. come to this fundraiser for the Muncie Times each ticket is your 1 year subscription to the Muncie Times show your support for our newspaper TICKETS ARE $12.50 will go on sale Sept. 1 Oth

WASHINGTON, D.C. - Hoosiers who have experienced sharp increases in prices for basic cable TV could see relief as a result of legislation Congressman Phil Sharp supported. Sharp voted to establish price controls over basic cable television services as the House considers “The Cable Television Consumer Protection and Competition Act of 1992.” “Basic cable rates have risen on an average of 61 percent across the nation and higher in some other areas,” Sharp said. “Under this new legislation, Hoosiers should see lower rates and improved services.” Sharp reported that the Federal Communications Commission (FCC) would establish a formula for setting maximum monthly rates. Inflation as well as the rates for similarly-situa-ted cable companies will be considered as part of the formula. A local or state government agency could file a complaint with the FCC

challenging rates for other types of programs believed to be too high. The FCC would then review the complaint and refund consumers, if necessary. While the legislation would prohibit cable companies from requiring subscribers to buy all program packages in order to buy popular packages like HBO, it will not regulate the charges for those extra services. Sharp said the legislation will also mandate greater competition within the industry. “While Cable TV reaches 62 percent of households that have television sets, 97 percent of all cable systems face no effective competition,” he said. Legislators are expected to offer an amendment to the legislation to prohibit franchising authorities from granting exclusive franchises and to allow municipalities to establish and operate competing cable systems. Both Senate and House versions of the cable bill will face the possibility of a presidential veto.

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