
Arguments begin at competition body in case against Cineplex over online booking fees
BNN Bloomberg
Cineplex Inc. is engaging in harmful "drip pricing" with its online booking fees, and moviegoers have no way to avoid them, says Canada's competition czar.
Cineplex Inc. is engaging in harmful "drip pricing" with its online booking fees, and moviegoers have no way to avoid them, says Canada's competition czar.
A lawyer representing the competition commissioner made that argument Wednesday at a Competition Tribunal hearing of the case against the movie giant.
Cineplex argued customers can buy tickets in person at the movie theatre, but the commissioner is arguing that's not a real alternative because they are two separate services.

A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays out?

Oil tankers are crossing the Strait of Hormuz and Iran’s actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser Kevin Hassett told CNBC on Tuesday, reiterating the Trump administration’s position that the war should be over in weeks, not months.











