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FTC Probing Allegations Of Amazon’s Deceptive Discounting

According to Consumer Watchdog, Amazon’s “straw man” prices are much higher than those found in the marketplace — and are often completely fictional.

“As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe.”

See the full story on Reuters.