andrew writes:
"Alternet.org reports recent updates to terms of conditions for Bank of Americas cell phone app and Capital Ones new credit card contract have given banks unsettling new abilities. These privileges include the authority to access to your phone microphone and camera or even showing up at your workplace and home unannounced at any time.
From the the article:
We're witnessing a new era of fascism, where corporations are creating intrusive and over-bearing terms and conditions that customers click to agree to without even reading.
As a result, corporations in America have acquired king-like power, while we're the poor serfs that must abide by their every rule or else."
(Score: 2, Informative) by chewbacon on Monday February 24 2014, @09:58PM
(Score: 3, Insightful) by Thexalon on Monday February 24 2014, @10:25PM
Don't get me wrong: I fully support consumers making choices that get them better deals. My point is that while that is good and necessary, it's not always sufficient.
For example, banks didn't back down over ATM fees, and as a result they are pretty much industry standard, and there are now ATM companies that make their living from those fees.
Every task is easy if somebody else is doing it.