 shollingPremium
join:2002-02-13
Hemet, CA
kudos:1
1 edit | reply to pnh102
Re: Contracts Mean Nothing! You are completely missing the point. You don't have fifty competing services to choose from. In most markets you have four using the same anti-competitive tactics. I have no problem when a contract is used for a legitimate business purpose. For example if they give you $120 off the cost of a phone making you sign a two year agreement is legitimate. But the early termination fee is only legitimate if used to recoup the prorated discount given on the phone. Using it as a penalty to keep customers from moving to a lower cost/higher feature competitor is anti-competitive behavior. That's why the price of cell service remains high and how providers can get away with charging twenty cents for a tiny text message. Verizon's consistent mantra has been that they will never compete on price. An end to early termination penalties, while allowing a recoup of their investment (the phone discount), will force a change in that policy. And that's a good thing!
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"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--
Proud recipient of the Sean Hannity lifetime boot.  |
