Comparison shopping refers to the practice of comparing prices, features, and quality of products or services offered by different sellers or providers before making a purchase decision. It involves gathering information from various sources, such as online platforms, advertisements, or physical stores, to evaluate the best available options. Comparison shopping can help consumers make informed choices and potentially save money. However, it is important for consumers to be aware of any applicable laws or regulations related to pricing, advertising, and consumer protection to ensure a fair and transparent shopping experience.
Yes, it is legal to compare prices of products from different retailers. Comparison shopping is a common practice and is protected under the principle of free market competition.
No, retailers cannot prevent customers from comparing prices. Customers have the right to gather information and make informed purchasing decisions.
There are no specific laws that regulate comparison shopping, but there are laws that protect consumers from false advertising and deceptive pricing practices.
Yes, retailers can be held liable for false price comparisons if they engage in deceptive advertising or pricing practices. This can result in legal action and financial penalties.
Yes, it is legal to use price comparison websites to find the best deals. These websites provide a valuable service to consumers by allowing them to easily compare prices from different retailers.
Retailers are not legally obligated to honor a lower price found through comparison shopping, unless they have a price matching policy in place.
Yes, retailers can charge different prices for the same product in different locations, as long as they do not engage in discriminatory pricing practices.
Yes, retailers can be held liable for price fixing or collusion with competitors to prevent comparison shopping. These practices are illegal and can result in severe legal consequences.
Consumer protection agencies, such as the Federal Trade Commission (FTC) in the United States, oversee and enforce laws related to comparison shopping and protect consumers from unfair or deceptive practices.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 5th April 2024.
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