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Congress enacted the "Cable Television Consumer Protection and Competition Act of 1992" over the veto of President George Bush.' This act purports "to provide increased consumer protection and to promote increased competition in the cable television and related markets." We here analyze some important economic implications of the act. Our analysis of cable-television history (especially the brief period ofderegulation, 1984-92) and ofthe contents and amendments of the new act indicate that thefatcat:7mpo6wrzsvhy5a756w75q36axy