Under federal law, the City and the Federal Communications Commission (FCC) are prevented from regulating cable rates. It would take federal legislation to change that situation. The FCC believes that as competition and choices expand, consumers will have access to more services and that prices will eventually be controlled by competition.
In the meantime, the FCC says that you should expect an explanation from the cable company whenever rates are raised, particularly when the company attributes price hikes to increases in the cost of obtaining programming.