Labour challenges regulator on credit card surcharges

Thu, 11 Feb 2016

By Pattrick Smellie Feb. 11 (BusinessDesk) - Labour Party MPs challenged the chair and senior managers of the Commerce Commission to be "more proactive" in their pursuit of consumer issues, with MP Clayton Cosgrove highlighting what he said were uncompetitive surcharges on credit transactions. In a select committee hearing to review the competition regulator's annual report, Cosgrove claimed a range of businesses, including airlines, hotels, taxis, communications service providers and travel agents, as well as local authorities, were char...

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