I was reading the news recently that Amazon Canada was fined for $1.1 Million due to some of its pricing practices where the list prices often seem inflated to make a sale sound better than it really is. The main points on the competition bureaus website stated the following:<\/p>\n
-The Bureau\u2019s investigation related to pricing practices on www.amazon.ca between May 27, 2014 to May 1, 2016.
\n-The agreement reached today resolves the Bureau\u2019s concerns and sends a clear message to the marketplace that unsubstantiated savings claims will not be tolerated.
\n-The Competition Act ensures that consumers are not misled by references to inflated regular prices. When comparisons are made between a regular price and a sale price, they must be true.
\n-The Competition Act also contains a provision, introduced through Canada\u2019s anti\u2011spam law, addressing false or misleading representations in all forms of electronic messages.<\/p>\n
One topic that came up was how if $1.1 million even means anything to a huge company like that. At the same time this just reminds me why I never rely on what company\u2019s tell me on how much I am saving on those sales days. This is kind of the first thing I have learned whenever I go shopping at big sales events as it\u2019s just too common everywhere where company\u2019s inflate its prices to make the deals sound better.<\/p>\n
Even more reason to feel good when you are able to get those truly great deals such as taking advantage of every coupon and discount that you can.<\/p>\n","protected":false},"excerpt":{"rendered":"
I was reading the news recently that Amazon Canada was fined for $1.1 Million due to some of its pricing practices where the list prices often seem inflated to make a sale sound better than it really is. The main points on the competition bureaus website stated the following: -The Bureau\u2019s investigation related to pricing […]<\/p>\n","protected":false},"author":1,"featured_media":8923,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[1426,6593],"class_list":["post-8922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-amazon","tag-getting-fine"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.al6400.com\/blog\/wp-content\/uploads\/2017\/01\/amazoncanada.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6VnHC-2jU","_links":{"self":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/8922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/comments?post=8922"}],"version-history":[{"count":1,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/8922\/revisions"}],"predecessor-version":[{"id":8924,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/8922\/revisions\/8924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media\/8923"}],"wp:attachment":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media?parent=8922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/categories?post=8922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/tags?post=8922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}