Interested? Contact Us
FTC sues 1-800 Contacts over online search advertising
The U.S. Federal Trade Commission said on Monday it had sued 1-800 Contacts, which it called the largest U.S. online retailer of contact lenses, alleging the company illegally maintained anticompetitive agreements with rival online contact lens sellers.
These agreements "suppress competition in certain online search advertising auctions and ... restrict truthful and non-misleading internet advertising to consumers, resulting in some consumers paying higher retail prices for contact lenses," the federal regulator said in a statement.
(Reporting by Eric Walsh; Editing by Bernard Orr)
Stay Informed
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
