It may be plain to see but it is seldom said: Competition can prompt price increases. The Aer Lingus price increase for credit card bookings is a useful lesson for anyone naïve enough to believe that competition always operates in the consumers’ interest.
“An Aer Lingus spokeswoman told The Irish Times the latest increase had been implemented ‘to bring the airline into line with its competitors’. Its main competition is Ryanair, which charges handling fees of €5 per flight segment for credit card bookings.” (I.T. 22nd August)