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U.K. Telecoms Watchdog Wants Consumers To Be Able To Exit Contracts Without Paying A Penalty If Prices Go Up Mid-Term

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http://techcrunch.com – U.K. telecoms regulator Ofcom is proposing to change the rules on fixed contracts for mobile, landline and broadband services to prevent providers forcing price hikes on existing customers. Ofcom’s current rules are open to interpretation — since comms providers only have to allow consumers to exit a contract without penalty when a contractual term change is likely to be of ‘material detriment’, leaving room for different interpretations of what constitutes ‘material detriment’. Ofcom wants to clarify and simplify the rules, by proposing to allow consumers t (IT news)