How do you know if the great deal you just snagged on Amazon is real?
The Federal Trade Commission is investigating whether the company uses “deceptive” pricing to make products look more discounted than they are in reality, Reuters reported last week. The FTC is reportedly investigating allegations from advocacy group Consumer Watchdog that Amazon intentionally misleads customers about price discounts on its website, Reuters reported. The FTC will also review the company following its decision to purchase Whole Foods
Democrats in Congress wrote to the FTC asking it to further review the merger and how it would affect “food deserts” — areas where people do not have access to grocery stores or fresh, healthy food. The FTC confirmed it has received a letter, but said it does not confirm the existence of investigations or comment on them. Michael Parrish Dudell, chief strategy officer at CouponFollow, said customers often don’t notice “incremental price differences,” but they add up.
A study conducted by Consumer Watchdog in March found that for 61% of Amazon AMZN, -2.39% products, the pre-discounted price or “reference price” used for comparison with the new sale price was higher than what the products had been sold for in the past 90 days. This means the amount Amazon advertises under “you save” could be inaccurate. Amazon said the prices reflect averages of prices listed by competitors and other sources.
http://www.marketwatch.com/story/is-your-amazon-sale-item-truly-discounted-heres-how-to-find-out-2017-07-28?siteid=rss&rss=1
noooooooooo Jeffy boy wouldn't do this,,,,,,,,, would he.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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