misleading price

misleading price

an indication in the course of a business of the price of goods which is or later becomes misleading and which is criminalized. A price is misleading if it conveys or might imply that the price is less than it is, that it depends on some other facts, depends on a charge being made, that a price alteration is imminent when no genuine belief that it is or where facts stated for comparison are not accurate. The rules relate to the price of credit, banking and insurance, foreign currency, electricity, car parks, caravans and new house sales. Defences are available including one of due diligence.
References in periodicals archive ?
com/articles/2016/10/05/playstation-vr-review) IGN's Dan Stapleton complains about the misleading price of the PlayStation VR, saying that while it is advertised as a device valued at $399.
Individuals and businesses continue to be frustrated by unexpected or unaffordable charges, and also by poor communications and misleading price information from some online retailers and delivery companies.
It also asserted that Albertsons gave it misleading price information about products on the shelves before the transition, resulting in prices at the rebranded stores that repulsed customers as soon as the stores opened their doors.
MISLEADING price tactics and confusing store layouts are among customers' biggest gripes when it comes to doing their supermarket shop, it has been claimed.
Dunnes had one small victory to celebrate over Christmas, however, when the Irish High Court threw out a complaint by Tesco that Dunnes was using misleading price comparisons in its advertising.
From misleading price claims to charging the disabled a fee to use wheelchairs, the Irish firm has never been far from the headlines.
Travel association Abta has taken action against members that have failed to comply with its code of conduct in relation to the same type of misleading price indications.
He denied charges of deception and giving misleading price information but was convicted after a three-day trial at Redhill magistrates court, Surrey.
Anyone who has a complaint about a misleading price should contact Consumer Direct on 08454 04 05 06.
The Danish consumer ombudsman said on Thursday (23 June) that it had reported the electronics chains El-Giganten, Merlin and Electronic World to the police for misleading price information.
Owner Richard Tulip, 28, of Merchant's Walk, St Peter's Basin, Newcastle, denied two charges of having a misleading price on a road sign and two of failing to display prices legibly on the pumps.
As a self-diagnosing system, NCR RealPrice continuously monitors each shelf label for accuracy with the price file, making sure the prices at the shelf and at the checkout are always the same--an important consideration when fines for misleading price indications are upwards of 5,000 pounds.