Amazon’& rsquo; s mark down policy is being investigated by the Federal Trade Commission following a complaint from a consumer supporter group. A source supposedly near the matter tells Reuters that the probe, which is part of the FTC’& rsquo; s review of Amazon & rsquo; s agreement to buy Whole Foods, was triggered by Consumer Watchdog. The consumer …
Deflation Problem Throughout the years, many reasons have actually been attended to Japan’s extended deflation problem. These have actually ranged from automation to mindset problems. Amazon.com, Inc. (AMZN) is the current culprit to be designated the blame. According to a current report in The Wall Street Journal, low prices due to extreme competitors between retailers– online and o.
New York City – Regulators are supposedly checking out allegations that Amazon misleads consumers about the size of its discounts by promoting a suggested MSRP that’s greater than the actual cost. The investigation belongs to the FTC’s evaluation of Amazon’s purchase of Whole Foods, according to Reuters. And shares of General Electric have actually fallen to their …
Tech news to know now Here’s exactly what’s on the Friday menu. As it evaluates Amazon’s plan to buy Whole Foods, the FTC is apparently checking out allegations that Amazon is misguiding consumers about discount rates. (Reuters; our previous coverage) Authorities say they have no verbal arrangement with Elon Musk about an East Coast hyperloop. (Guardian) Musk did tweet …
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