The
Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.
Finnish regulators heap pressure on Groupon – Reports
Friday, 06 April 2012
Online discount deal company Groupon has come under fire from Finnish regulators. The crowd sourcing company is in hot water after numerous complaints from consumers reports Finnish radio and television corporation.
People have reported CityDeal, a Groupon subsidiary, to the Finnish Consumer Agency for exaggerated deals and false marketing—problems which have also surfaced in other countries where the company runs sites.
“We’ve received around 60 complaints from consumers,” says Hertta Hartikainen, a lawyer with the Finnish Consumer Agency.
This isn’t the only problem facing CityDeal. The company has also run
into trouble with Finland’s health watchdog Valvira for illegal
marketing of electronic cigarettes. CityDeal did not stop advertising
e-cigarettes last fall after being reprimanded by officials.
Group buying sites like Groupon send daily discount deal emails to
subscribers and profit by taking a cut of what people pay merchants.
News sources, Yle What do you think about this
article or us? Please leave a comment. Thank you!
People have reported CityDeal, a Groupon subsidiary, to the Finnish Consumer Agency for exaggerated deals and false marketing—problems which have also surfaced in other countries where the company runs sites.
