Verizon is quickly withdrawing their plans for a $2 fee that were announced yesterday. Amidst consumer backlash, and an FCC investigation, the cell phone giant had no choice but to retreat. Hit the jump for the full story.

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Yesterday, Verizon announced a $2 fee for customers making one-time payments via its website or over the phone. The fee was set to start on January 15th. After a petition on Change.Org garnered 100k signatures, and the FCC promised to look into the event, Verizon had no choice but to back down.

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