SiriusXM to Pay $3.3 Million Penalty for Drip Pricing Subscriptions

SiriusXM Canada has agreed to pay a $3.3 million penalty for charging customers more than was advertised for satellite radio service, a practice known as drip pricing. The Competition Bureau of Canada announced the settlement on June 5, which followed an investigation into SiriusXM’s advertised subscription price, according to a government news release. The Bureau says the investigation found the company had practiced drip pricing in provinces excluding Quebec, by advertising a subscription plan, but then adding on extra fees such as a music royalty and administrative fee that were not indicated in the advertised price. With the extra costs added on, subscriptions were 10 to 20 percent higher than the price advertised, the release said....