TCI, Santa Cruz Agree to Talk.(Brief Article)
Multichannel News, October, 1998
SANTA CRUZ CALIF. -- Regulators in the city and county of Santa Cruz have agreed to sit down with Tele-Communications Inc. and an independent mediator to resolve basic-rate differences. The apparent detente occurred after the regulators directed their special counsel to prepare a lawsuit against the cable operator.
City and county officials believe that TCI has manipulated both federal policy and a federal court decree to justify excessive rate hikes. For its part, TCI charged that the communities lost a lawsuit over possessory-interest taxes that were inappropriately applied to the cable operation. A spokesman for the operator charged that the lawsuit threat was a bargaining tool to compel the operator to accept less than the $2 million judgment that...
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