Category: Industry
CMA clamp down on car hire websites over “hidden” costs
First published by Author on April 20, 2018 in the following categories: Industry Pricing and tagged with car hire websites | cma | comparison sites
The Competition and Markets Authority (CMA) have clamped down on car hire websites over “hidden” costs, resulting in changes as to how quotes are to be presented, and ensuring more information is provided as to what additional costs could be incurred.
The investigation has seen online travel agent P&P Associates Ltd, as well as price comparison website companies Affordable Car Hire Ltd and Flexiblecarhire.com Ltd, commit to ensuring all compulsory charges are contained within quotes.
Now, things like fuel surcharges, additional fees for young drivers and out-of-hours pick up charges must be included in the initial quotes.
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UK pharmaceutical companies paying millions of pounds to healthcare professionals
First published by Author on April 13, 2018 in the following categories: Incentives and tagged with competition law | incentives | medical
According to a report from The Times newspaper, UK pharmaceutical companies are reportedly paying millions of pounds to healthcare professionals and other organisations.
American pharmaceutical companies have previously come under fire for reportedly paying healthcare professionals to push their products, and it now appears the UK may have the same problem.
According to The Times, two of the biggest pharmaceutical players in the UK have been making “secret payments” of almost £20 million to reportedly “plug” their products.
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Multiple shipping companies admit to price-fixing agreements for their services
First published by Admin on February 16, 2018 in the following categories: Industry and tagged with price fixing | shipping
Wallenius Wilhelmsen Logistics (WWL) has pleaded guilty to price-fixing and was ordered to pay almost £70 million for breaching competition laws.
Three other companies have reportedly followed WWL’s footsteps and have also pleaded guilty.
Several former and current executives for WWL have been indicted on charges of anti-competitive behaviour over accusations of price-fixing for some of its international ocean shipping. Former executives were apparently charged in November 2016 along with a current executive as well.
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