An overwhelming majority of Americans support federal regulations to mandate mobile phone unlocking, a move that could save households thousands of dollars annually while increasing consumer market competition.
Key Points
- Approximately 90% of American consumers support the right to switch service providers without penalties or fees associated with locked devices.
- Households could save between $1,200 and $2,200 annually by switching to more affordable plans, according to data from the Internet and Television Association and WhistleOut.
- Locked phones suffer a 20% to 40% reduction in resale value, costing individual sellers between $125 and $150 per device.
- Senator Cynthia Lummis and other lawmakers are urging the FCC to implement a 180-day waiting period for unlocking to balance fraud prevention with consumer choice.
- The policy aims to establish a precedent for ownership rights regarding emerging technologies, including drones and smart-home robotics.