Industry WIKI

James Terrence Omer Grenon is a Canadian-New Zealand private equity investor and billionaire, who is the founder of Canadian investment company Tom Capital Management and director of the media company New Zealand Media and Entertainment. He also formerly owned the alternative media publications Centrist and NZ News Essentials (NZNE).

Junk fees (also known as hidden fees) are fees designed to confuse or deceive consumers by exploiting behavioral biases. They tend to come in the form of mandatory back-end fees and hidden add-on charges, which obscure the true cost of goods and services. Junk fees stand in contrast to "all-in", "upfront" pricing where consumers are shown a true single price, inclusive of fees, at the st