Summary
The UK's competition regulator is investigating eight companies for how they price their products online. This is the first time the regulator is using new powers aimed at protecting consumers.
Key Facts
- The UK's Competition and Markets Authority (CMA) is carrying out the investigations.
- The companies being looked at include ticket resellers StubHub and Viagogo, as well as AA Driving School and BSM Driving School.
- Other companies involved are Gold's Gym, Wayfair, Appliances Direct, and Marks Electrical.
- The investigation is part of a broader review of how companies price products online.
- The CMA is using new consumer protection powers to conduct these investigations.
- The CMA is also contacting 100 more businesses about concerns over extra fees and sales tactics.
- The goal is to ensure consumers pay the prices they expect and that sales are honest.
