Posted 1/24/2024, 4:51:31 PM
Shoppers to Save Billions as Ban on Hidden Online Fees Comes Into Effect
- Shoppers set to save billions due to new law banning hidden fees on online purchases
- "Drip pricing" where additional fees are revealed late in checkout process will be banned
- 54-56% of entertainment/hospitality providers & nearly 75% of transport/communications companies engage in drip pricing
- Government taking steps to ensure customers can easily compare purchases, aren't misled by fake reviews, don't face hidden fees
- Competition and Markets Authority will enforce changes, have power to fine companies breaching consumer law