Volume: 5 Issue: 8
(August 2011)
Keywords:
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
Authors:
claire brinn
brinn
Organisations:
field fisher waterhouse
ffw
oft
office of fair trading
uk government
dot
department of transportation
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'.
Q&A: Marc Brûlé discusses the Canadian Royal Mint's MintChip project
Q&A: FinCEN and virtual currencies: the coming of clarity and ambiguity Q&A: Tony Anderson, Partner at Pinsent Masons, on the new regulator for the UK payments systems sector Q&A: O2's move into mobile commerce Q&A: Sarah Carter, General Manager, Social Business, at Actiance, about banks on social media Interview with Joseph I. Rosenbaum, Partner at Reed Smith LLP, on mobile payments & financial institutions