S. 12
The Cable Television Consumer Protection and Competition Act of 1992 amends the Communications Act of 1934 to regulate cable television rates and ensure fair competition. It allows local franchising authorities to regulate cable rates if certain conditions are met and prohibits rate regulation by federal or state entities for systems owned by local governments or those with no competition. The Federal Communications Commission (FCC) is tasked with establishing pricing formulas for basic cable services and equipment, and setting standards to prevent unfair competition and promote diverse programming. The Act mandates cable operators to carry local TV stations and certain educational channels, and outlines rules for consumer protection, including privacy and service standards. It also addresses issues related to cable compatibility with consumer electronics, prohibits exclusive contracts that hinder competition, and promotes equal employment opportunities within the cable industry. Additionally, it increases penalties for unauthorized cable reception and restricts foreign ownership of cable systems.