FCC Votes to Eliminate Cable and Satellite Termination Fees

The Federal Communications Commission (FCC) has voted to move forward with a proposed rule that would eliminate early termination fees and require cable and satellite providers to give subscribers a prorated credit or rebate for the remaining days in their billing cycle upon cancellation. The rule aims to address consumer frustration with "junk fees" and is part of President Joe Biden's initiative to reduce or eliminate such fees across various services. The FCC will seek public feedback before issuing a final decision.