FTC examining allegations Amazon misleading consumers


The company is being accused by offering misleading discounts on its products, according to advocacy group Consumer Watchdog, which looked at about 1,000 products on Amazon's page in June, noticing that the e-commerce retailer includes a list price in about 46% of the products examined.

The Federal Trade Commission (FTC) is looking into claims that Amazon.com, Inc.

It is argued that this has the effect of making the reference prices appear to be a bargain to unwary shoppers but Amazon has strongly refuted these findings, stating: "The conclusions the Consumer Watchdog group reached are flat out wrong".

Consumer Watchdog conducted an analysis and reportedly found that 61 percent of offered items with reference prices - the purported cost of a product compared to a previously advertised price - were higher than a price for the same product in the prior three months.

Sergio Garcia gets angry, hurts shoulder at Open Championship
Garcia said he was frustrated after sending his tee shot at the par-3 4th to the back left of the green near some bushes. After watching his poor attempt, the golfer took his frustrations out on the shrubbery and hurt himself in the process.

The FTC declined comment for this story. Amazon closed up slightly for the day at $1,028.70.

The group also asked the FTC to stop Amazon from buying Whole Foods.

In the meantime, Amazon has responded to the Consumer Watchdog allegations, calling their study of its pricing "deeply flawed".

Consumer Watchdog wants the FTC to halt Amazon's march toward acquiring Whole Foods until this online pricing issue is resolved.

I cried when Sue Bird told the world she's gay
Bird says she's happy the league has become more supportive of gay players, noting that "homophobia hurts the league". As for the timing of her revelation, Bird said, "It's happening when it's happening because that's what feels right.

The FTC plays a dual role of probing charges of deceptive advertising and assessing mergers to ensure they comply with antitrust law. If that reference is made up, or the item never actually sells for that price, you can land yourself in some legal trouble.

If true it would be a particularly sneaky form of psychological trickery: tricking customers into thinking Amazon was offering them a great deal vs. regular prices, when in truth no deal existed.

Amazon settled similar allegations with Canada's Competition Bureau in January.

Sunny Leone and husband Daniel Weber adopt a baby girl from Latur
The photo of the baby with Daniel and Sunny , whose original name Karenjit Kaur Vohra, had gone viral on the social media. She belongs to the Latur district of Maharashtra and she will now be known as Nisha Kaur Weber .