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Benzinga
  • 2 years ago
New FCC rules require the largest internet providers to display "nutrition label" style disclosures for broadband plans starting April 10. The labels must show pricing details, typical speeds, data limits, additional fees, and other key information. They are modeled after food nutrition labels to inform consumers about broadband plan details simply. Typical download/upload speeds, latency, and included data are displayed, along with overage fees. Additional charges, taxes, equipment fees, and termination penalties must be listed.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 New FCC rules require the largest internet providers to display nutrition label-style
00:07 disclosures for broadband plans starting April 10. The labels must show pricing details,
00:12 typical speeds, data limits, additional fees, and other key information.
00:16 They are modeled after food nutrition labels to simply inform consumers about broadband plan
00:21 details. Typical download and upload speeds, latency, and included data are also displayed,
00:26 along with overage fees. Additional charges, taxes, equipment fees, and termination penalties
00:31 must be listed. FCC aims to make pricing and services more transparent to benefit
00:36 competition and consumers. For all things money, visit Benzinga.com.
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