OFT Rules Against Charging for Credit Card Use

OFT Rules Against Charging for Credit Card Use

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Interactive Video

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University

Hard

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The video discusses the practice of drip pricing in the airline industry, where customers are enticed through multiple web pages before the true cost is revealed. The Office of Fair Trading (OFT) deems this practice misleading and calls for transparency, especially regarding debit card charges. While some companies like trainline.com do not impose such charges, others like EasyJet and Ryanair do. The OFT's review of the transport sector suggests that debit card charges should be eradicated within two years, though not all companies are compliant. Legal action may be considered against those unwilling to change.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text suggest the future of debit card charges will change?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions might the Office of Fair Trading take against companies that do not comply with their recommendations?

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