I always found it obnoxious that Verizon wanted to resell me bandwidth I'd already bought. Which is why I was happy to pay for the MyWi jailbreak app.

[thehill.com]

In 2008, when Verizon bought the licenses to the wireless frequencies that it now uses for its 4G service, the FCC imposed rules barring the company from restricting its customers' ability to use the devices or apps of their choosing.
The rules only apply to Verizon and not other wireless carriers.

"Today’s action demonstrates that compliance with FCC obligations is not optional," FCC Chairman Julius Genachowski said in a statement. "The steps taken today will not only protect consumer choice, but defend certainty for innovators to continue to deliver new services and apps without fear of being blocked.”

As part of the settlement with the FCC, Verizon agreed to allow its customers to use tethering applications without paying an extra fee.

Only seems fair.

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Alpharetta, GA (Atlanta suburb)

So why do I still have to pay extra to use the hotspot feature on my iPhone 4s ?

I think the point is, that fee should be going away.

[9to5mac.com]

Verizon got fined a measley $1.25M today for blocking access to tethering apps, mostly on the Android platform. That doesn’t apply to most iOS users (currently), however. That’s because this ruling – for now – only affects LTE 4G devices. With the next-generation iPhone, which will be launched in mid-September, heavily rumored to be the first iPhone to include LTE access, this will affect those choosing to go with Verizon Wireless for their fancy new iPhone.

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[www.giyf.com]