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19.08.26 - 20:18
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All power to the UK competition watchdog′s war on ′drip pricing′ (The Guardian)
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Competition and Markets Authority on message with PM's planned purge of hidden fees and add-on chargesTrainline, Virgin Atlantic and Red Driving School face investigationThe Competition and Markets Authority (CMA) is on-message with Andy Burnham's declaration of war on the small – and sometimes not-so-small – hassles and expenses of everyday consumer life created by companies' underhand and misleading pricing tactics. Trainline, Virgin Atlantic and Red Driving School found themselves under investigation on Wednesday for various forms of alleged “drip pricing” – not being upfront about mandatory add-on charges, in other words.The prime minister had nothing to do with the CMA's pursuit, it should be said. The watchdog's “consumer protection drive” pre-dates his arrival and was encouraged by legislation under the last Tory government – the Digital Markets, Competition and Consumers Act of 2024, which gave the regulator “direct enforcement” powers, meaning it no longer had to go to co...
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19.08.26 - 11:00
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Trainline, Virgin Atlantic and Red Driving School investigated over hidden ticket fees (The Guardian)
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UK competition watchdog investigation is part of broader clampdown on illegal 'drip pricing'Business live – latest updatesThe UK's competition watchdog has launched investigations into Trainline, Virgin Atlantic and Red Driving School over concerns that all three companies displayed misleadingly low prices to their customers.The Competition and Markets Authority's investigations are part of a broader clampdown on “drip pricing”, an illegal practice that makes a product appear cheaper by not including all mandatory fees. Continue reading......
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