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The price cap for Oyster card users was set at the price of an equivalent one-day, unlimited-ride Travelcard. [7] TfL has expanded its fare capping system since its introduction, adding 7-day caps and contactless bank card support in 2014. [3]: 11 Another early implementation of fare capping in Europe is in Dublin, starting in 2012.
In some cases (where applicable), passengers may also present their GO Transit proof-of-payment (a day pass or single-ride ticket) to the local transit operator. Passengers using the Presto card or contactless credit card (where accepted) will automatically be assessed the co-fare where appropriate, depending on the status of the local transit ...
Reduced-fare customers were also eligible for the unlimited cap by making 12 trips in a week at $1.35 per ride, for a total cost of $16.20. [27] When the base fare was raised to $2.90 on August 21, 2023, the 7-day cap was modified to apply to any consecutive seven-day period.
[1] [2] The 12-month pass is a commitment by an adult, senior or youth Presto cardholder to purchase 12 consecutive monthly passes, and receive a discounted monthly price for each pass. [11] Presto cardholders can add a monthly pass to their Presto card during the last twelve days of the previous month and the first eight days of the new month.
Notably, in 2018, the UK Government introduced a form of price cap regulation through a new cap for gas and electricity customers on standard variable tariffs. [3] In August 2022, the energy price cap was raised to £3,549 which would have pushed 8.2 million people into fuel poverty in October 2022 until March 2023.
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [21] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply ...
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service.Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
Demon: The Fallen is a 2002 tabletop role-playing game released by White Wolf Publishing.Set in the World of Darkness, players take on the role of a demon - a fallen angel who descended to the Garden of Eden with Lucifer, only to be condemned to Hell after a long war with Heaven.