In today’s connected world, it is difficult to imagine a regulation designed to protect consumers in rather than billions of billions of international crime crimes in international crime in international crime. However, that’s the reality of the Federal Communications Commission’s nearly 2-Decade-Old Phone Phone with Verizon as part of its C-block license.
This rule, adopted in 2007, requires Verizon to automatically unlock customers’ phones after 60 days to use on other networks. While this can be benign on paper, this regulation has become a tool that is enjoyed by sophisticated criminal businesses around the world.
The organized crime rings are exploited to open the order of traffic or fraudulent obtained subsidies internationally. These criminals have given many discounted US phones that are bad and sell them abroad for a lot of income. This bad trade verizon and customers are hundreds of millions of dollars each year and rise to the law enforcement resources to be better dealing with crimes.
Meanwhile, consumers – especially elderly, families under income and custom workers – covered with Crossfire. They faced fewer options, more limited access to subsidy devices and higher costs while carriers are trying to mitigate the damage done by phone sales.
Origin and continuing to exist in the opening of the rule depicts a classic case of regulatory overreach error. FCC recognized that this rule is an experimental regulation to damage consumers and should be revisited.
Today, almost 20 years ago, the damage caused by these forms of regulations is obvious. Verizon brings out the extraordinary burden on this rule opening, which limits its ability to compete fairly in an enthusiastic wireless market. The opening of the order no longer fits the facts today; It prevents the change, reducing the consumer choice, and, most disturbing, allowing a large criminal business. Clearing these forms regulations will allow carriers to offer better subsidy and deals, increase in consumer access without fear of theft prices and fraud.
Grateful, the FCC starts to push back. FCC Commissions deserve credited for identifying this regulation error and make steps to correct it. Verizon begs the FCC to open the opening of the rule. This is a critical first step to scraping heavy anti-consumer regulations. Law enforcement supports the action; Insurers for consumers and markets too.
In addition, removing this rule will provide law enforcement power to break international traffic rings more effective, protect consumers.
It’s time for the FCC to clear the Reguogue Underbrush, adopting technology-based policies today and finally correctly born from a questionable regulation regulation.
Steve Pociask is President and CEO of the American Consumer Institute. Roslyn Layton is the Executive Vice President of Strand Consulta, an independent consultation.
