BELOW SUPERNAV drop zone ⇩

FCC proposes ban on cable and satellite TV early termination fees

Watching TV and using remote controller. Hand with remote controller changing channels or opening apps on smart tv

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(The Hill) — The Federal Communications Commission (FCC) announced a proposal to ban cable and satellite television early termination fees Tuesday.

In a press release, the FCC said these fees may limit consumer choice and “may negatively impact competition for services in the marketplace.” The agency also said the fees often make cable and satellite subscribers pay for a whole billing cycle, even if they end the TV service early. 

“No one wants to pay junk fees for something they don’t want or can’t use. When companies charge customers early termination fees, it limits their freedom to choose the service they want,” FCC chair Jessica Rosenworcel said in a press release.

“In an increasingly competitive media market, we should make it easier for Americans to use their purchasing power to promote innovation and expand competition within the industry,” Rosenworcel continued.

The proposal will be voted on at a mid-December meeting, according to the release. 

It goes along with the Biden administration’s efforts to get rid of “junk fees.”

President Biden posted the announcement to X, the platform formerly known as Twitter, on Tuesday. “Companies shouldn’t lock you into services you don’t want with large fees. It’s unfair, raises costs, and stifles competition. We’re doing something about it.”

The FCC also recently voted to bring back Obama-era net neutrality laws last month. These rules give the commission more power to regulate the internet via restricting their ability to enact harmful practices on consumers like throttling and paid prioritization.

“In the wake of the pandemic, we know that broadband is a necessity, not a luxury. That’s why we made a historic commitment to connecting all of us to broadband. Now we have work to do to make sure that it’s fast, open and fair,” Rosenworcel said at the time.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

66°F Sunny Feels like 66°
Wind
6 mph SW
Humidity
48%
Sunrise
Sunset

Tonight

A few clouds. Low around 50F. Winds N at 5 to 10 mph.
50°F A few clouds. Low around 50F. Winds N at 5 to 10 mph.
Wind
6 mph N
Precip
10%
Sunset
Moon Phase
Waxing Gibbous