SiriusXM Canada hit with $3.3M penalty over ‘drip pricing’

By Connie Thiessen SiriusXM Canada has reached a settlement with the Competition Bureau over so-called “drip pricing” that will see the satellite radio provider pay a $3.3 million penalty. A bureau investigation found that outside the province of Quebec, SiriusXM advertised its satellite radio and streaming subscription plans at prices that were not attainable to consumers due to an additional mandatory “Music Royalty and Administrative Fee” which increased the monthly cost of a plan by 10 to 20 per cent. The bureau says the offer was promoted across the company’s website, as well as in promotional emails and direct mail....