Price controls, which is what interest rate caps are, always have unintended consequences.

FORBES: Over the Limit

At the time interest rates were rising, and interest rate caps were forcing credit card issuers to suffer huge losses.

FORBES: Magazine Article

Tighter rate caps are an obvious cause for concern.

ECONOMIST: Consumer finance in Japan

What's more, earnings at Eastern are expected to grow at 8% a year, compared with 1% in TXU's Texas electricity unit, where the company agreed to rate caps through 2002 as part of a deregulation bill.

FORBES: Waiting game

This caps at 50% the overall tax rate on all personal income.

ECONOMIST: The president looks for ways to scrap a popular tax

Carriers, naturally, don't want hard caps at all, citing the stifling effect they'll allegedly have on infrastructure development, but at any rate, the EU's getting back together on May 2 to have another go at the negotiations.

ENGADGET: European Union tries, fails to agree on roaming rates