SiriusXM to Pay $3.3 Million Penalty for Drip Pricing Subscriptions

A sign for SiriusXM Radio is displayed at the Voxx International Corp. booth 2012 International Consumer Electronics Show at the Las Vegas Convention Center in Las Vegas, on Jan. 12, 2012. Ethan Miller/Getty Images

SiriusXM Canada has agreed to pay a $3.3 million penalty for charging customers more than was advertised for satellite radio service, a practice known as drip pricing.

The Competition Bureau of Canada announced the settlement on June 5, which followed an investigation into SiriusXM’s advertised subscription price, according to a government news release.