ACCC: Airbnb is dreaming if it thinks ‘drip pricing' is okay in Oz (non - verbatim)

Ah, the sharing economy. We are big supporters of industry disruption in the name of competitive market conditions for consumers but an issue that keeps popping up for these new ventures is non-compliance with Australian laws (*cough* Uber).

Airbnb is the latest to fall foul, and it has given enforceable undertakings to the ACCC in respect of the way it represents prices to consumers.

For the uninitiated (who are you??), Airbnb is a hugely popular platform that allows people to rent out space/a room/their residence to other people. Sounds creepy, we know, but it offers great flexibility for larger groups (e.g. book a French chateau that sleeps 12!) and it's a generally awesome way to experience your travel destination like a local.