Printer Friendly

NEW LAW WILL SAVE CONSUMERS MONEY; CABLE RE-REGULATION BILL PASSES

NEW LAW WILL SAVE CONSUMERS MONEY; CABLE RE-REGULATION BILL PASSES
 WASHINGTON, Oct. 6 /PRNewswire/ -- The Electronic Industries Association's Consumer Electronics Group (EIA/CEG) applauds the passage of the Cable Television Consumer Protection and Competition Act of 1992 as a victory for consumers. Included in the bill is assurance of cable compatibility with consumer electronic equipment features of televisions and VCRs, and competitive pricing on remote controls and converter boxes.
 "This bill will not only save consumers money, but it creates new opportunities for consumers, retailers and manufacturers," said Gary Shapiro, group vice president, EIA/CEG. "By requiring the commercial availability of converter boxes and remote controls, this law breaks the cable monopoly and allows consumers to shop for competitive pricing on these products from sources other than their cable operator.
 "Consumers who have invested in advanced television and VCR features will be able to enjoy those features without fear of interference by their cable service," said Shapiro. "Features such as picture-in-picture will be fully usable when the Federal Communications Commission issues rules that cable companies must comply with under the act."
 Yesterday, the cable re-regulation bill passed the Senate with a vote of 74 to 25 and the House with a vote of 308 to 114, effectively overriding a veto from President Bush.
 EIA is the 68-year-old Washington-based trade association representing all facets of electronics manufacturing. EIA's Consumer Electronics Group represents most major U.S. manufacturers of audio, video, home office and home automation products, as well as assistive devices for people with disabilities.
 -0- 10/6/92
 /CONTACT: Cynthia Upson and Patti McNeill of Electronic Industries Association, 202-457-8728/ CO: Electronic Industries Association ST: District of Columbia IN: SU: LEG


IH -- DC009 -- 7061 10/06/92 12:13 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 6, 1992
Words:289
Previous Article:THERMO INSTRUMENT RECEIVES RECORD $3.5 MILLION ORDER FOR AIR POLLUTION MONITORING EQUIPMENT
Next Article:PHILLIPS-VAN HEUSEN CORPORATION ENTERS CANADIAN MARKET; JOHN FORSYTH, CANADA'S LEADING APPAREL MANUFACTURER AND DISTRIBUTOR, NAMED LICENSEE
Topics:


Related Articles
Cable TV update.
New draft cable bill resurfaces in committee.
An analysis: what the cable bill means for local governments.
Cable bill passes House.
Cable law rulemaking begins at FCC.
BELL ATLANTIC STATEMENT IN RESPONSE TO REP. RICK BOUCHER'S COMMUNICATIONS COMPETITIVENESS AND INFRASTRUCTURE MODERNIZATION ACT
HIGHLY LEVERAGED COMPANIES MOST AFFECTED BY CABLE REREGULATION FITCH SAYS -- FITCH FINANCIAL WIRE --
HARRIS SURVEY SIGNALS CONSUMER CONCERN OVER CABLE PRICES; SUPPORT FOR CONGRESS TO ALLOW TELEPHONE COMPANIES TO COMPETE IN CABLE INDUSTRY
TELEPHONE COMPANIES SEEK COMPETITIVE EQUITY WITH CABLE

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters