Advertisement

Probe of High-Speed Internet Prices Sought

Share via
From Reuters

U.S. consumer groups charged that cable companies were gouging customers who subscribe only to high-speed Internet service but not cable television, and asked antitrust enforcers to investigate.

Comcast Corp. recently acquired AT&T; Corp.’s cable assets and raised prices for those customers who sign up only for high-speed Internet service to Comcast’s monthly going rate of $56.95, up from $42.95, about a 33% hike.

Customers will receive the $42.95 price for Internet service if they also sign up for cable television service, a Comcast spokeswoman said.

Advertisement

Spokeswomen for the Justice Department’s antitrust division and the Federal Trade Commission did not return calls seeking comment.

Advertisement