Podknife - Cineplex hit with $38.9M fine for 'drip pricing' by The Big Story

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Cineplex hit with $38.9M fine for 'drip pricing'

Podcast |: The Big Story
Publisher |: Frequency Podcast Network
Media Type |: audio
Podknife tags |: Canada,; News & Politics,; Society & Culture
Categories Via RSS |: Daily News,; News,; News Commentary,; Politics
Publication Date |: Oct 09, 2024
Episode Duration |: 00:13:31

Description
iTunes Summary

While Cineplex plans to appeal, the ruling is seen as a warning shot to other online retailers regarding add-ons and fees on their websites. Will it make a difference? What qualifies as "drip pricing", anyway? And what happens now to the $38.9 million?

GUEST: Tara Deschamps, business reporter, The Canadian Press

We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:

Through email at hello@thebigstorypodcast.ca

Or by calling 416-935-5935 and leaving us a voicemail

Or @thebigstoryfpn on Twitter

Did Canada's competition tribunal just get serious about extra online fees? In a recent decision the tribunal levied its harshest punishment in history against the country's leading theatre chain, Cineplex, over what it says is a failure to disclose an extra fee during online ticket purchases. While Cineplex plans to appeal, the ruling is seen as a warning shot to other online retailers regarding add-ons and fees on their websites. Will it make a difference? What qualifies as "drip pricing", anyway? And what happens now to the $38.9 million? GUEST: Tara Deschamps, business reporter, The Canadian Press