Friday, November 30, 2012

AMERICA - In the Land of Greed, Anti-Competition Fine Print

"How Fine Print on Your Bills Helps Big Companies in Taking More of Your Money" PBS Newshour 11/28/2012

Excerpt

SUMMARY: Cell phone bills are up 30 percent since 2009. So are cable television bills. Big companies are inserting tiny fees that add up to a lot and their profits do not reflect market competition. In fact, quite the opposite. Economics correspondent Paul Solman talks to David Cay Johnston about what's in the fine print on your bills.

JEFFREY BROWN (Newshour): Now:What's behind all those charges and fees that make up your monthly cable and cell phone bills?

NewsHour economics correspondent Paul Solman recently took a look at the fine print with writer David Cay Johnston.

It's part of Paul's ongoing reporting Making Sense of financial news.


FYI: Speakeasy Speed Test

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