(December 30, 2011 at 9:53 pm)Minimalist Wrote: Power to the people!
http://apnews.excite.com/article/2011123...2V800.html
Quote:NEW YORK (AP) - After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.
In a statement on its website Friday, the company said "customer feedback" prompted the decision to drop the "convenience fee" it wanted to introduce on Jan. 15.
Fuckers.
..and yet one of many proofs that capitalism doesnt work. there was absolutely no reason other than greeed to try and add that charge.
All that talk that capitalists make about values working themselves out, and "invisible hands" is all bullshit and they kow it.
You want to know how they set prices? Not by market forces...they set prices according to what they think they can get away with and this is a prime example.