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Regulatory Fee |  | Category: Wireless
Buy New: $0.00

Rating: 29 reviews Sales Rank: 1
Media: Wireless Plan Option
ASIN: B00020KCBK
Shipping: Eligible for Super Saver Shipping Availability: Usually ships in 24 hours
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| Editorial Reviews:
Product Description ATT also imposes the following charges: a Regulatory Cost Recovery Fee of up to $1.25 to help defray its cost incurred in complying with obligations and charges imposed by State and Federal telecom regulations, a gross receipts surcharge, and State and Federal Universal Service Charges. The Regulatory Cost Recovery Fee is not a tax or a government-required charge. See Plan Terms for additional details.
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| Customer Reviews: Read 24 more reviews...
Don't Know How I Ever Survived Without This Regulatory Cost Recovery Fee! March 9, 2007 Quaker (Philadelphia) 9 out of 14 found this review helpful
Before I got this one, I couldn't imagine paying $2.50 for a Regulatory Cost Recovery Fee. Now I can't imagine living without it! br / br /Some of the other reviewers don't seem to understand what they bought. They ordered a wireless plan on Amazon and didn't realize that it came with a Regulatory Cost Recovery Fee. Then they were asked to write a review before they even realized what they got. br / br /But a little experience shows that this Regulatory Cost Recovery Fee is a marvel of innovation that is packed with value! br / br /Think about it. There was a time when phone companies were much more heavily regulated. Then congress passed lots of new laws to change phone company regulation and allow more competition. These laws are extremely complicated, and the congressmen needed help writing them. So, the phone companies came to the rescue with teams of lobbyists to help write the new laws! br / br /The problem was that those lobbyists were extremely expensive. To make matters worse, the phone companies knew that if they didn't get everything they wanted, they'd have to hire even more expensive lawyers to fight the laws. So in exchange for agreeing to deregulation, they invented the beautifully-named Regulatory Cost Recovery Fee. Hurray! br / br /This wonderful invention allows the phone companies to charge an extra fee over-and-above the rates that they are allowed to charge for their services, so that they can fund the very expensive effort of fighting the other parts of the laws that they don't like! They can make the fee any amount they want, because it doesn't actually go to any government or regulatory body. It just goes straight to the phone company so they can hire more lawyers. With high-powered Washington lawyer/lobbyists charging $400 an hour, you can imagine how hard it would be to survive without these great fees! br / br /What's even more brilliant is the name. "Regulatory Cost Recovery Fee" is one of the greatest product names ever. It just screams out "I'm official." It sounds so much like a tax, people actually believe that it is one, and it sounds so official, nobody questions the exact amount. br / br /In summary, this is one brilliant product that's packed with value.
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