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To add to this a bit, because it's not explicitly mentioned in this article (but I recall reading about this previously): > “With their no vote, 17 members of
by nlh 13y ago
To add to this a bit, because it's not explicitly mentioned in this article (but I recall reading about this previously):
> “With their no vote, 17 members of the Senate chose to protect billion-dollar industry profits over the safety of the constituents they were elected to serve.”
They're referring to the insurance premiums charged by the mobile providers and companies like Asurion. They make a ton of $$ by selling damage/theft/replacement insurance and the associated deductibles, and the thought is that revenue stream could be damaged if the incentive (and therefore risk) of theft is reduced.