The companies put such fees in place to reduce churn.
The proposal applies only to cable and satellite providers, not streaming services.
When companies charge customers early termination fees, it limits their freedom to choose the service they want.
FCC Chairwoman Jessica RosenworcelSteven Ferdman/Getty Images
Biden posted about the proposal on X/Twitter.
Companies shouldnt lock you into services you dont want with large fees.
Its unfair, raises costs, and stifles competition.
Were doing something about it.
