Verizon Wireless Recants, Won't Charge $2 Fee
Good
30 minutes later..
Verizon Wireless Recants, Won't Charge $2 Fee
🤣
famoussasjohn said:
FCC to Investigate Verizon's New $2 Bill-Pay Fee
30 minutes later..
Verizon Wireless Recants, Won't Charge $2 Fee
🤣
I was wondering what authority the FCC has for pricing practices.
yarmock said:
To look out for consumer to make sure we arent being taken advantage of.
That isn't really what the FCC was created for.
To be or not to be a Verison customer is a consumer choice.
The FCC shouldn't be dictating billing practices.
If consumers don't like the charge, they can take their business to another carrier. That's called a free market.
yarmock said:
But the way it works out, we are trapped in a contract, and should not be required to pay $200+ dollars to move to another carrier because one is trying to get too greedy. They regulate communications companies, if not the FCC im sure congress or justice dept would have stepped up.
My understanding is that greedy people were signing up for subsidized phones and then breaking their contract and selling them at a profit on ebay and other places making these greedy companies lose money on the phones...hence the $200 fee. You can always buy a phone full price and put in on without a contract with most carriers. It used to be done this way but too many people nowadays won't do this 😁
yarmock said:
But the way it works out, we are trapped in a contract, and should not be required to pay $200+ dollars to move to another carrier because one is trying to get too greedy. They regulate communications companies, if not the FCC im sure congress or justice dept would have stepped up.
As a consumer you accepted the 'contract' when you dedided you didn't want to pay retail for your phone.
You had choices, you chose 'contract'...
And, no, the FCC was not created to regulate what kind of misc charges carriers require from their customers.
Congress nor the Justice Dept has no business in this either.
This is a charge levied by a legally operating company that the consumer is free to accept...
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Spectrum is, in essence, a public resource. Verizon buys the spectrum from the FCC in order to run services on it per agreement with the FCC. The reason the FCC exists is to ensure that this finite resource isn't abused by both companies with access to this spectrum and by companies that don't (e.g. jamming Verizon's network or causing interference.)
Is it the FCC's job to investigate possible anti-consumer behavior? Absolutely. Did Verizon do anything illegal? Not likely, but it's the FCC's job to act if they did.
bluecoyote said:
We don't live in a world with unlimited wireless spectrum, so the whole "free market" thing doesn't entirely apply.
Spectrum is, in essence, a public resource. Verizon buys the spectrum from the FCC in order to run services on it per agreement with the FCC. The reason the FCC exists is to ensure that this finite resource isn't abused by both companies with access to this spectrum and by companies that don't (e.g. jamming Verizon's network or causing interference.)
Is it the FCC's job to investigate possible anti-consumer behavior? Absolutely. Did Verizon do anything illegal? Not likely, but it's the FCC's job to act if they did.
If and when Verison becomes the only carrier, then yo...
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BTW i dont have verizon. dont like them at all.
Im just shocked that people are willing to let a corporation take advantage of them and justify it because a small amount of people USD to sell phones on ebay. come on. So according to a few peoples arguements here who exactly is to look out for the consumer and make sure we arent bein abused? no one??!?!?
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T Bone said:
But who is responsible for protecting customers from the FCC?
The people we vote in to represent us in the oversight of these agencies.
Did you skip political science class in high school? Or are you just repeating some slogan the crazy people use?
It's stupid that the FCC would investigate that a company said they'd no longer deal with a forced charge from CC companies.
Were any of these characters paying attention in their management classes when the chapter about about THE CUSTOMER was discussed ?!?!?! Or, were they asleep.
Jayshmay said:
Verizon should have learned from that stunt BoA tried to pull a few months ago with that $5/mo debit card fee. Consumers don't like to be f'd with!
I agree, but maybe they were looking at the airline industry and how commonplace fees for everything are there. Who knows.
The BofA fee was another boneheaded move from the point of the consumer, but there is more behind that then most people realize. It was a direct response to government meddling in the financial system. Each debit transaction will now be capped by the government. Merchants won, Banks lost near term and we the consumers will lose long term when it's passed onto us.
Here I am making this political...yikes 😳
Anyway, g...
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This forum is closed.