Bill Introduced To Limit Early Termination Fees
from the terminate-this dept
Some Senators have introduced a bill that would limit early termination fees from mobile operators, saying they couldn't charge more than the subsidy they provided for the phone itself, and that the rules for any early termination fee needed to be quite clear. Not surprisingly, the mobile operators and their lobbyists are saying this is "unnecessary" because (due mainly to gov't pressure, not competition, as they claim) the operators have already made the ETF process less ridiculous by going with pro-rated fees based on how long is left on a contract. Of course, if it's true that the law is unnecessary, then it's not clear why they're against it...Filed Under: early termination fees
