Volume: 5 Issue: 8
uk oft office of fair trading field fisher waterhouse ffw uk government united states us usa which? which advertising of prices market study drip drip pricing mastercard mastercards consumer rights directive crd payment services directive psd consumer protection from unfair trading regulations cprs cpr consumer protection unfair trading regulations passenger passenger travel sector passenger travel department of transportati
On 28 June 2011, the UK's Office of Fair Trading (OFT) published its findings on its investigation into payment surcharges, in particular those imposed by the passenger travel sector for online transactions. The OFT concluded that such payment surcharges make price comparisons more difficult for consumers, cause consumer detriment and can weaken competition between traders. Claire Brinn, an Associate at Field Fisher Waterhouse, discusses how the OFT's report will impact the practice of 'paying to pay'.