Cineplex has filed an appeal of a record $38.9-million fine for deceptive marketing practices imposed against it by the Competition Tribunal.
Ellis Jacob, CEO of Cineplex, joins BNN Bloomberg to discuss the company's Q2 earnings and growth strategy.
It also says that with the consent of the Competition Bureau it is bringing a motion to request a stay of the fine pending completion of the appeal. Cineplex says it has been granted an interim stay until the motion is heard by the Appeal Court. The penalty was part of a decision the tribunal issued in September that saw it side with the Competition Bureau, which accused Cineplex of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they bought seats online.
Cineplex began charging an $1.50 online booking fee in June 2022 to many customers not enrolled in its CineClub subscription and Scene Plus loyalty programs, which saw the fee waived and dropped to $1, respectively. It’s a practice known as drip pricing. Cineplex has denied the accusations, saying moviegoers are promptly told about fees they may face and can avoid them all together by purchasing seats in-person at a theatre.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cineplex files appeal of Competition Tribunal decision with Federal Court of AppealCineplex has filed an appeal of a record $38.9-million fine for deceptive marketing practices imposed against it by the Competition Tribunal.
Read more »
Cineplex files appeal of Competition Tribunal decision with Federal Court of AppealTORONTO — Cineplex has filed an appeal of a record $38.9-million fine for deceptive marketing practices imposed against it by the Competition Tribunal. The company says it has filed a notice of appeal with the Federal Court of Appeal.
Read more »
Cineplex files appeal of Competition Tribunal decision with Federal Court of AppealCineplex also says that with the consent of the Competition Bureau it is bringing a motion to request a stay of the fine pending completion of the appeal
Read more »
Cineplex appeals Competition Tribunal’s $38.9M fine over online booking feeCineplex says with consent of the Competition Bureau it is bringing a motion to request a stay of the fine pending completion of the appeal.
Read more »
Federal judge orders Google to open its Android app store to competitionSAN FRANCISCO (AP) — A federal judge on Monday ordered Google to tear down the digital walls shielding its Android app store from competition as punishment...
Read more »
Federal judge orders Google to open its Android app store to competitionSAN FRANCISCO (AP) — A federal judge on Monday ordered Google to tear down the digital walls shielding its Android app store from competition as a punishment...
Read more »