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Deregulation

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CALIFORNIA | LOCAL
August 9, 2000
Deregulation of utilities equals unregulated corporate greed! ROBERT E. PRESLEY West Hills
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BUSINESS
December 5, 2013 | David Lazarus
When California's telephone market was deregulated in 2006, consumers were told that increased competition would improve service and reduce prices. It hasn't worked out like that. Carlsbad resident Steve Linke has received so-called measured service from AT&T for five years. That means he pays a flat rate each month for a limited number of local calls on his landline phone. "It's for peace of mind," Linke, 45, explained to me. "If there's an earthquake or some other major emergency, it's nice to know that we'd still have a landline to call out on when the cell towers go out. " When Linke first signed up for measured service, the rate was $5.83 a month - a relative bargain for knowing that you won't be cut off from the world when the whip comes down.
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BUSINESS
February 14, 2013 | David Lazarus
Here's a question for you: Is there a single example of consumer prices going down and market competition increasing after deregulation of a U.S. industry? I'm serious. The phone industry? The cable industry? Regulatory oversight for both was eased - and in some cases eliminated - and look where that's gotten us. And now look at the airline industry, which witnessed its latest multibillion-dollar deal Thursday with the merger of American Airlines and US Airways, creating the world's largest carrier.
NATIONAL
December 3, 2013 | By David G. Savage
WASHINGTON - Rabbi S. Binyomin Ginsberg of Minneapolis admits being both a frequent flier and a frequent complainer. He flew on Northwest Airlines about 75 times a year, domestically and internationally, earning enough miles to qualify for "Platinum Elite" status. But he also complained a lot - about two dozen times in seven months, the airline says - demanding compensation for delays, lost bags and losing seats on overbooked flights that Northwest said the rabbi had reserved "with the purpose of being bumped.
BUSINESS
April 19, 2012 | By Marc Lifsher
SACRAMENTO - Four out of five members of a divided California Public Utilities Commission are strongly criticizing a bill moving unopposed through the Legislature that would strip the agency of its last vestige of authority to regulate some basic telephone services. The members debated Thursday but did not vote to oppose legislation by the powerful chairman of the Senate Energy, Utilities and Telecommunications Committee at the behest of AT&T, Verizon Communications and a number of high-tech business groups.
CALIFORNIA | LOCAL
August 11, 1998
Am I missing something about electrical deregulation? Most major utilities sold their power plants to newly formed companies. These new producers have to recover their initial investment, their operation costs and make a profit. The utilities now buy their power from the Power Exchange at the going rate, which rises and falls upon demand, and resell it to the customers at a profit. They all say that this will cost the consumer less. People who think that their electric rates are not going to increase must have their heads in the sand.
BUSINESS
May 10, 1999 | Bloomberg News
The European Union will end its flirtation with government-funded job creation policies when finance ministers meet today to endorse deregulation, wage restraint and the expansion of stock markets as ways of spurring the economy, officials said.
CALIFORNIA | LOCAL
August 16, 1987
As an employee of a major air carrier I am amazed at the great and increasing number of travelers who seem either unaware or unimpressed with what experts say are the great benefits of deregulation in the airline business. The things that seem to impress most folks traveling nowadays are: dirty airplanes (an obvious result of the cutthroat, cost-cutting competitive atmosphere brought to us by deregulation; poor food quality and actual short-fall of meals resulting many times in no meals for some passengers; flight delays are nearly the norm, not exception; in-flight service that is often seemingly rushed, uncaring and even sometimes untrained; more planes with more seats, lights and other non- or poorly operating equipment.
BUSINESS
May 14, 2013 | By David G. Savage, Los Angeles Times
WASHINGTON - A New Hampshire man who had his car towed when he was in a hospital recovering from a heart attack and the amputation of his left foot won a measure of justice at the U.S. Supreme Court. In a 9-0 decision released Monday, the court said Robert Pelkey can sue Dan's City Used Cars for disposing of his towed car without telling him or paying him. The case began during a snowstorm in February 2007. Pelkey's 2004 Honda Civic was parked legally in a handicapped parking spot in his apartment complex in Manchester, but he was confined to his bed. Under the apartment's policy, cars were to be removed to clear the snow, and Pelkey's car was towed away.
BUSINESS
February 14, 2013 | David Lazarus
Here's a question for you: Is there a single example of consumer prices going down and market competition increasing after deregulation of a U.S. industry? I'm serious. The phone industry? The cable industry? Regulatory oversight for both was eased - and in some cases eliminated - and look where that's gotten us. And now look at the airline industry, which witnessed its latest multibillion-dollar deal Thursday with the merger of American Airlines and US Airways, creating the world's largest carrier.
ENTERTAINMENT
August 16, 2012
With a subtitle like "Who Stole the American Dream?" it's clear where Frances Causey and Donald Goldmacher's financial meltdown documentary "Heist" is going, and it doesn't take long to get there. From an opening salvo of Occupy Wall Street protest footage, the film quickly embarks on a string of snappily edited interviews that efficiently breaks down the step-by-step deregulation of an American economy shaped by the New Deal. Ultimately reframing the advancement of free market ideology of the last four decades as class warfare against the have-nots, the documentary manages to widen its scope without losing its narrative thread.
BUSINESS
April 20, 2012 | By Marc Lifsher, Los Angeles Times
SACRAMENTO — Members of the California Public Utilities Commission are criticizing a bill that would strip their agency of authority to regulate basic telephone services. Meeting Thursday in San Francisco, the five-member board expressed doubts about proposed legislation backed by AT&T Inc. and Verizon Communications Inc. The measure, SB 1161, would ensure that state agencies have "no regulatory jurisdiction or control" over telephone calls that involve sending voice signals over the Internet.
BUSINESS
April 18, 2012 | By Marc Lifsher, Los Angeles Times
SACRAMENTO — An industry-backed bill that would preempt state agencies from regulating Internet-enabled voice and data transmissions won unanimous approval from a state Senate committee in its first legislative hearing. Amid protests from consumer advocates, the bill's author, Sen. Alex Padilla (D-Pacoima), tried to downplay the significance of the measure, which proponents said would simply lock the state's current hands-off policy into law. Such a reiteration of existing practices would give Silicon Valley businesses "the certainty" to continue developing innovative, Internet-powered products and programs, Padilla argued at a hearing Tuesday of the Senate Energy, Utilities and Telecommunications Committee.
NEWS
November 16, 2011 | By Lisa Mascaro, Washington Bureau
The nonpartisan Congressional Budget Office reinforced what private-sector economists have been saying for months: The best proposals to spur the economy would cost the government but prove better at quickly creating jobs than pursuing an anti-regulatory policy as proposed Republicans in Congress. CBO Director Douglas Elmendorf said extending unemployment benefits or payroll tax breaks to those who are most likely to spend the money, as well as providing as tax credits to companies that hire new workers, are among the types of policies that could best boost the economy and create jobs.
NATIONAL
January 21, 2011 | By Noam N. Levey and Lisa Mascaro, Washington Bureau
Following up on their largely symbolic vote to repeal the new healthcare law, House Republicans moved ahead Thursday with more targeted efforts to advance their own healthcare initiatives, including deregulating health insurance sales. More than 60 House Republicans signed on to a new bill to permit interstate sales of health insurance. The goal would be to lower premium costs by avoiding requirements in many states that insurers cover certain services, such as maternity care, cancer screenings and mastectomies.
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