Regulation

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Comcast, Wells Fargo, and the public's demand for business regulation

On Tuesday, the FCC hit Comast with the largest fine it has ever issued to a cable operator. For Comcast, the amount of the fine, $2.3 million, is inconsequential. The bad press, and increased public scrutiny, is more painful. What happened? Comcast charged customers for equipment and service that the customers didn’t request. Sound familiar?
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