"Automatic broadband, mobile or TV price hikes may become a thing of the past as the Government gets ready to introduce a law that would allow people to cancel their contracts if prices go up."
"The law, to be presented to the Cabinet by Communications Minister Patrick O'Donovan, will let people avoid so-called "in-contract consumer price index" (ICPI) price rises that broadband, mobile and TV providers such as Eir, Vodafone, Virgin and Three now routinely impose each spring as an unavoidable part of their 12-month or 24-month service contracts."
Government prepares a law enabling consumers to cancel broadband, mobile, or TV contracts without penalty when providers increase prices during the contract term. Communications Minister Patrick O'Donovan will present the bill to the Cabinet. The measure targets in-contract consumer price index (ICPI) increases that providers commonly apply each spring. Major providers named include Eir, Vodafone, Virgin and Three. The law intends to prevent automatic ICPI rises from being an unavoidable feature of 12- or 24-month service agreements. Consumers affected by such annual price adjustments would gain clear cancellation rights.
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