It has been six years since the FCC proposed "nutrition labels" for your carrier's potentially confusing array of plans. As soon as some last bureaucratic elements get worked out, the US internet service providers will be ordered to adopt the label format you see below.
Each plan will have its own label, they don't warn you about coverage, and they will be able to point you to their network management policy legal. packet loss won't have to be reported.
Thankfully, the internet service provider still needs to report their typical speeds and Latency. Someone is going to audit that.
Most big internet service providers will have six months to put the new labels on their websites and distribute them in stores, but smaller providers will have a year to comply. The FCC notes that the Office of Management and Budget has to review the order to make sure it complies with the Paperwork Reduction Act.
The chair of the FCC suggests that internet service providers might want to get ahead of things and adopt them on their own.
More comprehensive pricing information, bundled plans, label accessibility, performance characteristics, service reliability, cybersecurity, network management and privacy issues are some of the changes the FCC wants to hear about.
It won't solve the problem of broadband competition in the US, but it might make the contracts easier to read.