Verizon Takes a Beating For $1.99 Mystery Fee Denial > Amazing that Verizon can just get away

reply to Van

Re: Amazing that Verizon can just get away

reply to Linklist
Nothing will be done

reply to n2jtx
That's not the point. While I'm not a Verizon customer (nor do I live in the country that they service), the point is:

1) Prevent them from continuing to do it in the future
2) Punish them for having done it.

Getting back $1.99 or so doesn't mean much to the individual consumer, but losing millions of dollars does mean something to Verizon.

reply to Van
Increase in 'regulatory fees' by $1.99 (+ an extra piece to cover for the money spent on lawsuit and penalties)
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Canada = Hollywood North

reply to Guspaz
...and to other companies thinking about/doing the same thing.

reply to Van

reply to Guspaz
While fining Verizon and closely watching their practices may prevent them from doing this in the future, it will do little else.

They have already collected the fees from their customers, so they've already gotten use of millions of dollars for years. This use cannot be undone.

Any fines levied by the government and any settlements from class action lawsuits filed by attorneys will simply be used as justification to raise fees and prices even higher for Verizon's customers-- much like how the credit card companies are screwing customers these days by raising rates up to 30% or more and using the excuse of having to pay federal government bail out loans back. (Bail out loans which, IMHO, shouldn't have been given to them in the first place.)

In the end, the only people who will lose on this will be Verizon's customers-- the ones who were supposed to have been the beneficiaries of additional regulatory action from the government and lawsuits from the lawyers. Ironic, isn't it?
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To all liberals: I am NOT one of your parents, so get the heck out of my wallet. It's time for you to grow up and take some personal responsibility for taking care of yourselves, which means not relying on the government to give it all to you.

reply to en102
I would actually hope this happens. If it does, all Verizon customers should take advantage of this material adverse increase in price to get out of their contract immediately.

Since I just started service on Verizon last week (got a new Droid) this would be perfect. I'd cancel the contract with no BS ETF fee, and either port the number over to some other service where I could use the Droid (prepaid maybe?) or immediately sign another 2 year contract with Verizon for another phone subsidy (allowing me to eBay one of the phones for a profit).

I was initially opposed to the idea of them raising fees... But now, on second thought, go ahead Verizon-- make my day. I could use an excuse to get out of a new 2 year contract with you with no ETF, socking you for a loss of the phone subsidy you provided...
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To all liberals: I am NOT one of your parents, so get the heck out of my wallet. It's time for you to grow up and take some personal responsibility for taking care of yourselves, which means not relying on the government to give it all to you.