Why Amazon Just Updated Its Pricing Practices
The retail giant had been accused of misleading consumers.
Photo by Africa Studio / Shutterstock.com
Amazon has agreed to make its pricing practices more transparent after a group of California district attorneys sued the retail giant for allegedly misleading customers through its reference prices, Courthouse News Service reports.
Amazon also will pay $2 million in penalties, costs and restitution to California’s Consumer Protection Trust Fund as part of the lawsuit judgment, which was issued March 24 in San Diego Superior Court.
The retailer already has made changes to its website and its pricing algorithm per the judgment, according to the district attorneys’ announcement about the lawsuit outcome.
Amazon To Pay $2M In Penalties To San Diego & 5 Other California Counties iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Canyon News
SANTA MONICA- On Wednesday, December 16, the Los Angeles District Attorney’s Office announced that the owners of a Santa Monica hotel agreed to a settlement of one million dollars. Sunshine Enterprises violated California law by falsely representing to the California Coastal Commission that its proposed construction of the Shore Hotel would replace the two older lower-cost motels formerly on the property, with low or moderate cost lodging, according to the civil complaint.
“The planning and permitting process ensures our community has the opportunity to provide input into what our neighborhoods look and feel like for decades to come. When that process is subverted, some of us are making decisions for all of us,” said Los Angeles County District Attorney George Gascón in an official statement.
Shore Hotel to Pay $1 Million Under Settlement with DA surfsantamonica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from surfsantamonica.com Daily Mail and Mail on Sunday newspapers.
$1 Million Settlement Reached in Santa Monica Hotel Case
Dec. 16, 2020 at 4:44 pm
The owners of a luxury hotel built in Santa Monica without the required permits have agreed to pay a total of $1 million in penalties and restitution, the Los Angeles County District Attorney’s Office announced today.
The final judgment, approved Dec. 14 by Los Angeles County Superior Court Judge Anthony Mohr, provides discounted and affordable room rates.
“The planning and permitting process ensures our community has the opportunity to provide input into what our neighborhoods look and feel like for decades to come,” said Los Angeles County District Attorney George Gascón. “When that process is subverted, some of us are making decisions for all of us.”