About time!!

Author	All Replies
taar join:2000-11-21	About time!! I guess the constant threat of a class action over their description of "unlimited" finally scared them straight.
taar join:2000-11-21	to forum · permalink · 2007-04-06 09:35:28 ·
pnh102 Reptiles Are Cuddly And Pretty Premium join:2002-05-02 Mount Airy, MD	said by taar: I guess the constant threat of a class action over their description of "unlimited" finally scared them straight. Companies do not fear class action lawsuits. They are almost always able to structure the settlements so that they end up winning in the end. If Verizon were to be sued over this "unlimited" BS, the settlement would probably have a few hundred million in cash going to the lawyers, and a bunch of coupons for discounts on future Verizon service going to the class members. The "costs" of these coupons will be written off as business expenses, and the members of the class would have to pay Verizon more money to realize the benefit of these things. A real punishment would have been government action against Verizon for false advertising. If heavy fines resulted from such action, then it would force Verizon to raise its rates, and make it a less attractive wireless broadband solution for potential customers. -- Only SHATNER is Kirk.
	to forum · permalink · 2007-04-06 09:49:57 ·
morbo Complete Your Transaction join:2002-01-22 00000	a few hundred million for lawyers isn't chump change. they will feel it, but not as bad.
	to forum · permalink · 2007-04-06 10:13:42 ·
tc1uscg join:2005-03-09 Saint Clair Shores, MI	reply to pnh102 With VZ winning part of the GSA contract.. Think the govt will look the other way.
tc1uscg join:2005-03-09 Saint Clair Shores, MI	to forum · permalink · 2007-04-06 11:35:17 ·

Leaked Verizon Memo: Stop Saying 'Unlimited' > About time!!