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Japan has proposed cutting the fees by 22.5percentt over four years, saying further cuts would damage N.T.T.
Required to make cost cuts, the Ministry of Justice under the Coalition government took the easy route of cutting the fees of the lawyers.
Regulators have reduced prices further by cutting the fees charged to connect calls between competing networks by 10% a year.
Pension funds have tried to offset the long slide in the stock market by cutting the fees they pay managers.
The Federal Reserve proposed cutting the fees to 12 cents a transaction, down from the current average of 44 cents a transaction.
The other $100 billion would come by cutting the fees for specialists by 5.9 percent a year for three years and then holding them flat.
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The Federal Communications Commission unanimously approved the application after Verizon proposed cutting the fee it charges in the state for its rivals to use its equipment for routing calls over the network.
The shadow chancellor Ed Balls and his team estimate that the cost of the cutting the fee cap to £6,000 will be £3.1bn.
Bradshaw had raised the possibility of cutting the licence fee in his keynote speech.
Just on Wednesday, Medicare proposed cutting the separate fee, apart from the drug cost, that it pays doctors for giving injections into the eye.
Nigel Farage, for example, said he was unhappy at Ukip's treatment on the BBC and proposed cutting the licence fee by two-thirds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com