Small Cable Companies Blame High Prices on Comcast
Whether you have Comcast (NASDAQ: CMCSA) as your cable provider or a smaller, lesser-known carrier, you still may pay dearly for your pay-TV package. According to a new filing with the Federal Communications Commission (FCC) by the American Cable Association (ACA), that is because the cable giant forces its smaller rivals to offer Comcast's array of channels, preventing them from selling cheap, "skinny" bundles.
The ACA, a trade organization made up of smaller cable companies, submitted its brief as part of the federal agency's annual review of pay-television competition. They are trying to demonstrate that because Comcast owns a broadcast network, multiple cable channels, and regional sports networks, it has unfair leverage when it comes to carriage deals with smaller players.
Smaller cable providers contend that Comcast is keeping them from offering "skinny bundles." Image source: Getty Images.
Source: Fool.com
Comcast Corp. Stock
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