"VIZIO, America's HDTV Company, announced its support of the Coalition to Terminate Financial Abuses of the Television Transmission. VIZIO is petitioning and urging the FCC to take action and protect American consumers from excessive patent charges for DTV that have already exceeded $1 Billion. The coalition, also known as CUT FATT, was formed to protect American consumers purchasing televisions from the excessive unregulated patent fees, charged by companies claiming to own the patents needed to comply with FCC standards for digital televisions (DTV). "At VIZIO we support the American consumer, it is our duty to offer them more for their money, therefore we support the efforts of the CUT FATT coalition," said Laynie Newsome, VIZIO VP, Sales & Marketing Communications and Co-Founder. Formed in mid-2008, CUT FATT's mission is to raise awareness among Members of Congress and the FCC about the uncontrolled price gouging of these patent holders. The petition asks the FCC to hold abusive parties responsible for excess charges, and to impose new rules for patent licensing to end the overcharging."