Netflix ‘don’t let cable cap us’
June 27, 2012
Netflix has asked US lawmakers to prevent cablecos from hindering its growth by imposing online-data consumption limits for customers.
Netflix, with 23.4 million subscribers, said in testimony submitted for a hearing this week before the House communications and technology subcommittee in Washington: “When you couple limited broadband competition with a strong desire to protect a legacy video distribution business, you have both the means and motivation to engage in anticompetitive behavior.”
The session was called to examine changes since the last broad revision to cable law in 1992, when few consumers used the Internet, and cable companies controlled 98 per cent of the pay- television market, according to a staff memo prepared for the hearing.