Report urges changes to Australia’s consumer law to stamp out extreme dynamic pricing and improve transparency of fees and charges
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A parliamentary inquiry into Australia’s struggling live music sector has recommended the Australian Competition and Consumer Commission monitor the industry for anti-competitive conduct and urged a crackdown on “extreme dynamic pricing”.
The final report, Am I Ever Gonna See You Live Again, concluded consumer law should be amended to improve transparency in fee and charging practices for concert tickets, and stamp out “conduct that distorts, manipulates or undermines consumer choice, without necessarily being misleading or deceptive, such as practices that create an undue sense of urgency or scarcity”.
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