As Amazon prepares to lock down its mega-merger with Whole Foods,Damdar Ladoo (2025) Complete Hindi Web Series one of its most controversial sales practices may be coming back to haunt it.
The Federal Trade Commission is investigating claims that the online shopping giant misleads customers with the price comparisons it lists on its products, Reuters first reported.
The unofficial probe concerns the listed price on items, that retailers use to demonstrate how much their customers are supposedly saving.
SEE ALSO: Yes, Amazon is convenient, but is it just too damn powerful?The group behind the complaint, Consumer Watchdog, reviewed around 1,000 Amazon products and found these reference prices used on nearly half. In around 60 percent of those cases, the group alleges, Amazon had never sold the same item at the "before sale" list price or higher in the last 90 days, suggesting that the promotions advertised hadn't actually reduced prices as Amazon claimed.
"Amazon must not be allowed to expand these deceptive practices to a whole new pool of unsuspecting customers," Consumer Watchdog's letter to the FTC reads.
"We call on you to block the proposed purchase of Whole Foods until Amazon formally consents to stop its deceptive, unfair and anticompetitive pricing."
This Tweet is currently unavailable. It might be loading or has been removed.
A source familiar with the situation says the FTC's actions are related to its review of Amazon's $13.7 billion acquisition of Whole Foods. The agency's purview includes both deceptive marketing and the approval of mergers and other deals in accordance with antitrust law.
"The 'reduced' price is, in reality, probably just the seller's regular price."
Its rules regarding the former warn businesses not to use "fictitious" or "inflated" reference prices to create the illusion of a bargain.
"In such a case, the 'reduced' price is, in reality, probably just the seller's regular price," the guidelines say.
The agency began collecting more information shortly after the letter was filed in early July, the source said. Officials wanted to move quickly to meet the legal deadline for a possible next step in an antitrust investigation, in which case the government would request data from Amazon.
An Amazon spokesperson called Consumer Watchdog's analysis "deeply flawed" and said it was "based on incomplete data and improper assumptions."
"The conclusions the Consumer Watchdog group reached are flat out wrong," the spokesperson said in a statement. "We validate the reference prices provided by manufacturers, vendors and sellers against actual prices recently found across Amazon and other retailers."
The news comes amid chatter around whether the Whole Foods deal is a bridge too far in Amazon's ambitious accumulation of consumer market power. An influential hedge fund manager (and noted Amazon short-seller) claimed last week that Capitol Hill lawmakers had begun to consider a potential case against Amazon on antitrust grounds. A member of the House's market competition committee has also called for a hearing on the matter.
This Tweet is currently unavailable. It might be loading or has been removed.
Most leading antitrust experts have agreed, however, that there's little basis for an argument that the merger violates competition law, at least in the narrow, consumer-centric way it's currently practiced in the country.
But the list prices accusation, which involves actual consumer harm, could change the equation should the FTC find it has merit.
This isn't the first time the practice has landed Amazon in hot water. The company paid a $1 million fine to Canadian regulators in January after they found that the company's list prices didn't match those of the market at large.
The New York Timesreported last year that Amazon had begun to phase out such comparison points altogether due to the dozens of consumer lawsuits they drew.
Topics Amazon
Microsoft outage: CrowdStrike announces BSOD fix. Here's how to do it.NYT Strands hints, answers for July 21Best unlocked phone deals still live from Prime Day 2024: Samsung, Google, and moreBest Prime Day laptop deals 2024: MacBooks, gaming laptops, and moreBest Prime Day drone deals: Shop DJI, Holy Stone, and moreBest Prime Day deals: Save big with Prime Day discounts under $50Best Prime Day drone deals: Shop DJI, Holy Stone, and moreNYT's The Mini crossword answers for July 22Best Prime Day laptop deals 2024: MacBooks, gaming laptops, and moreSenators press AT&T on why it stores call records on a thirdPrime exclusive deal: $50 off Govee floor lampAI child sex abuse material is proliferating on the dark web. Big TechBethesda becomes first Microsoft game studio to unionizeBest Vitamix Deal: $50 off the Vitamix Explorian BlenderPixel 9 leaks hint at a new 'Pro XL' device: Is a third model in the works?NYT Strands hints, answers for July 19Best robot vacuum deals still live post Prime DayBillie Eilish, College Football 25, and 1,000 basketballs: YouTube videos to watch this weekBest Kindle Scribe deal: Save on the refurbished Kindle ScribePrime Day Echo deals 2024: Record These Quizzes Are Hard, and Other News by Sadie Stein Medieval Pawprints, and Other News by Sadie Stein They Don’t Love You Like I Love You by Sadie Stein 'Secret Invasion' review: What happens when Marvel makes a spy thriller? See You There: Paris Review at the Downtown Literary Festival Tomorrow by The Paris Review Happy Birthday, Great Gatsby! by Sadie Stein Animal Farm Timeline by John Reed How to watch 'The Bear' Season 2: release date, streaming deals, and more Paris Review Christo, Untitled, 1982 by The Paris Review Reddit hackers want API changes reversed or else they'll publish data Twitter's year in review is less bleak than you'd think In the Margins by Sadie Stein Paula Fox, Fighting Perfection by Jonathan Franzen Hodgman on Daniels by John Hodgman 'Secret Invasion's AI credits aren't clever — they're downright scary A Prize for Isol by Sadie Stein Kraven the Hunter is the horny antihero of our dirty dreams Car Trouble, Part 2 by Pamela Petro On the Occasion of the Removal of My Girlfriend’s Dog’s Balls by Simon Akam
3.2621s , 8228.75 kb
Copyright © 2025 Powered by 【Damdar Ladoo (2025) Complete Hindi Web Series】,Inspiration Information Network