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VisitWill regulatory action be taken against T-Mobile for 'Price Lock' ads by December 31, 2024?
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Public records or announcements from regulatory agencies
T-Mobile Asked to Halt Misleading 'Price Lock' Ads for 5G Home Internet by BBB
Jun 18, 2024, 12:32 PM
T-Mobile has been asked to stop advertising its 'Price Lock' policy for its 5G home internet service. The Better Business Bureau (BBB) has found that the 'Price Lock' guarantee is misleading as it does not actually lock prices. This has led to regulatory scrutiny and criticism of T-Mobile's marketing practices. The BBB stated that the advertisement is unlawfully deceptive. The issue highlights the importance of accurate advertising and the potential consequences of misleading claims.
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Fine • 25%
Operational Restrictions • 25%
No Action • 25%
Other • 25%
Yes, AT&T • 25%
Yes, Verizon • 25%
Yes, T-Mobile • 25%
No other companies fined • 25%
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Increase in market share • 33%
No significant change • 33%
Decrease in market share • 33%
No change in ads • 33%
T-Mobile modifies ads • 33%
T-Mobile discontinues ads • 33%