Give pricing guidelines more teeth, say experts

The proposed guidelines announced this week by the Competition and Consumer Commission of Singapore come on the back of its study on the online travel booking sector, which unveiled dodgy pricing and advertising practices.
The proposed guidelines announced this week by the Competition and Consumer Commission of Singapore come on the back of its study on the online travel booking sector, which unveiled dodgy pricing and advertising practices.ST FILE PHOTO

Proposal by competition watchdog on right track but needs harsher penalties, they say

Harsher penalties are needed to give more teeth to the recent price transparency guidelines proposed by the competition watchdog, said industry experts.

The proposed guidelines announced on Monday by the Competition and Consumer Commission of Singapore (CCCS) target consumer-facing businesses, including online travel platforms.

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A version of this article appeared in the print edition of The Straits Times on October 03, 2019, with the headline 'Give pricing guidelines more teeth, say experts'. Print Edition | Subscribe