Headline: The US Supreme Court rejected a broadband industry appeal and let New York become the first state to cap rates for low-income households.
Article: The high court, without comment, refused to consider industry arguments that a federal telecommunications law precludes New York and other states from regulating the rates charged for internet service.
Business groups told the court that other states are now likely to follow New York’s lead, creating a patchwork of rules around the country.
The New York law, which had been on hold during the court fight, will cap rates for qualifying low-income low-income households at $15 per month, or $20 for higher-speed service.
Date: December 16, 2024
Read Full Article: bnnbloomberg.com
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