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Tag: Lawsuit

Amazon Fined $1 Million for Misleading Customers on Savings Claims | Inc.com

Amazon Fined $1 Million for Misleading Customers on Savings Claims | Inc.com

Here’s how the online retail giant’s strategy backfired: Amazon had been showing a comparison of its own prices with higher retail prices it claimed were being charged by its competitors. After observing Blu-ray prices on Amazon.com’s Canadian website for two years, the Competition Bureau concluded that competitors’ retail prices were often misquoted. In some instances, […]

Don’t fall for deceptive pricing practices | The Boston Globe

Don’t fall for deceptive pricing practices | The Boston Globe

Everyone knows that one store where there’s always a good deal to be had, a shop with frequent markdowns of 20, 40, even 60 percent. But the bargains might not be nearly as good as they appear. Constant deep discounts can be a sign of deceptive — and perhaps illegal — pricing strategies. In fact, […]

U.S. states sue Mylan, Teva, others for fixing drug prices | Reuters

U.S. states sue Mylan, Teva, others for fixing drug prices | Reuters

Two years after high generic drug prices became a public controversy, legal cases are starting to land. Twenty states filed a lawsuit Thursday against Mylan NV (MYL.O), Teva Pharmaceuticals (TEVA.TA) and four other generic drug makers, saying they conspired over steak dinners and “girls nights out” on pricing of two common generic drugs, according to […]

Macy’s, J.C. Penney, Sears and Kohl’s sued over false reference pricing claims | Retail Dive

Macy’s, J.C. Penney, Sears and Kohl’s sued over false reference pricing claims | Retail Dive

Dive Insight: Consumers seem hardwired to appreciate a deal, and for eons retailers have worked to give them that feeling. “The experience, where you show a few prices, is called ‘is/was pricing.’ It is this price, it was that price,” Jason Goldberg, who leads commerce and content strategy at interactive digital agency Razorfish, told Retail […]

LA prosecutors sue giant retailers for deceptive pricing | Daily Mail Online

LA prosecutors sue giant retailers for deceptive pricing | Daily Mail Online

The suits allege the retailers illegally engaged in the business practice known as “false-reference pricing” to make customers believe they are “getting a good deal.” For example an item can be advertised as being on sale for 50 percent of the original price, even though the retailer never sold it at that original price. … […]

The too-good-to-be-true prices in glossy travel brochures are often just that | The Washington Post

The too-good-to-be-true prices in glossy travel brochures are often just that | The Washington Post

The National Trust Tours brochure for its upcoming Odyssey of Ancient Civilizations — a seven-night cruise through Italy, Croatia, Montenegro, Albania and Greece — advertises an “all-inclusive” itinerary. And indeed, the $4,195 price for an ocean-view stateroom covers meals, tours and “enhanced” services, such as a flight insurance policy. But a closer look at its […]

U.S. Supreme Court may rule on Florida credit card law | WFLA

U.S. Supreme Court may rule on Florida credit card law | WFLA

TALLAHASSEE, Fla. (CAPITOL NEWS SERVICE) – Four Florida businesses, including a discount furniture store, are part of a lawsuit over whether the companies can charge extra to someone using a credit card. The case could soon be on its way to the US Supreme Court. Under Florida law, merchants can’t charge you more for using […]

Lawsuit over credit card surcharges underway | News 4 Jax

Lawsuit over credit card surcharges underway | News 4 Jax

TALLAHASSEE, Fla. – Four Florida businesses, including a discount furniture store, are part of a lawsuit over whether the companies can charge extra to someone using a credit card. The case could soon be on its way to the U.S. Supreme Court. Under Florida law, merchants can’t charge customers more for using a credit card […]

Used Car Dealer CarFax Faces Class Action Suit For Unfair Pricing | ConsumerFraudForum

Used Car Dealer CarFax Faces Class Action Suit For Unfair Pricing | ConsumerFraudForum

“Carfax intends to increase prices when it enters into the agreement, but deliberately and unfairly concealed this intent in order to lock customers into a price Carfax has no intention of honoring,” Turnbull’s lawsuit states. Carfax has not filed a response in court yet and said it does not comment on pending litigation. A subscription […]

Ron Johnson says J.C. Penney should have stuck to his plan | Fortune

Ron Johnson says J.C. Penney should have stuck to his plan | Fortune

Never mind that it almost bankrupted Penney Even though his strategy a few years ago to reinvent J.C. Penney JCP 0.00% sent the department store chain’s annual sales down $6 billion and caused a major cash crisis, former CEO Ron Johnson maintained on Monday that the retailer would have been better off sticking to his […]