The statement said the requirements were part of "the Department of Transport's Code of Practice that has been confirmed by the UK Civil Aviation Authority, to which Thomson and every other UK airline must adhere".
The Department for Transport has previously suggested that industry should come up with a voluntary code of conduct to ensure wholesale price falls were passed on within a fortnight to the motorist.
These could range from an overhaul of the tax code to deregulation of farming and the opening up of protected areas of the economy, such as transport and energy, to foreign competition.