Cable Markets in New York City Declared Competitive

In an order released yesterday, the Federal Communications Commission declared certain parts of the New York City cable market competitive, thanks to Verizon (s vz) offering its FiOS TV in the area. This means the FCC also revokes the ability of the municipal authorities of New York to regulate how Time Warner Cable (s TWC) sets its basic cable rates. So far, it looks like parts of Brooklyn and Manhattan are competitive, if one can envision a duopoly (in areas where Cablevision (s CVC) doesn’t provide service) as real competition. Although I may be too cynical, as I bet that TWC will find it hard to implement tiered bandwidth when going head-to-head for broadband and cable subscribers with Verizon, which has shown no inclination to cap or meter customers. Maybe I should hightail it back to Brooklyn.