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T-Mobile can no longer advertise a ‘Price Lock if its doesnt lock prices
Credit: Edgar Cervantes / Android Authority
Competition is necessary for consumers, not only to get more valid choices but also for the competitors to keep each other in check. T-Mobile has been in the news recently after it raised the prices of its home and internet plans, even those under a Price Lock guarantee, with the company using some fine print to try and get away with it. Thanks to competitor AT&T, T-Mobile can no longer claim a price lock guarantee if it does not keep its prices locked. As The Verge reports, the US National Advertising Division (NAD) recommended that T-Mobile discontinue or modify its “Price Lock†policy to explain how it “differs from a ‘price lock which locks the price for the term of a service†to avoid conveying a misleading message to viewers and consumers. AT&T challenged T-Mobiles marketing and advertising claims, appearing in numerous print, online, and TV advertisements. More... |
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