Avis and Budget agree to pay $3m to settle drip pricing case
Car rental companies Aviscar Inc. (Avis) and Budgetcar Inc. (Budget) have agreed to pay a $3 million administrative monetary penalty to settle allegations by the Competition Bureau that they misled consumers into thinking that their rental car prices were lower than they actually were through what is commonly termed “drip pricing”. Avis and Budget also agreed to pay $250,000 towards the Bureau’s investigative costs and to implement a corporate compliance program. The 11-page Consent Agreement, filed with the Competition Tribunal, settles the application commenced by the Bureau in March 2015 (see our article Why Car Rentals Cost More Than Advertised: Avis and ... [more] Full article
Compliance Programs Contributors
Michael Binetti
Michael Binetti*, Managing Partner of Affleck Greene McMurtry LLP, brings a wealth of litigation experience, with extensive expertise in both trials and appeals. Known for his strategic legal acumen, Michael has consistently demonstrated his ability to navigate complex cases and deliver successful outcomes across a wide range of litigation areas. Peers and clients alike praise Michael as an “excellent and creative lawyer” who “finds unique solutions to complex problems” and “knows how to win.” Recognized for his dedication and professionalism, he is described as a “strong advocate who always looks out for the best interests of his clients” and provides “timely, honest, and extremely valuable counsel.” Michael’s reputation for excellence is underscored by his inclusion in ranking services such as Best Lawyers, Lexology, and Lexpert.
