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Some refreshing commentary for your Friday

July 11, 2008 | Tennessee | Comments (0)

On a refreshing note:

The FCC shouldn’t regulate mobile telephone contract cancellation fees any more than the Department of Commerce should regulate fees related to payday lenders or the Department of Transportation should regulate fees related to title loan companies….

Adding another regulation that will have to be overseen by somebody will only drive up costs (to pay the regulator). Regulation costs are often passed along to the regulated industry. Companies often pass along their costs to the consumer.

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