Financial Services & Insolvency Communiqué

Open book with eyeglasses folded on top; a pen sits over top a budget sheet

February 27, 2017

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Amazon to pay $1,000,000 to Competition Bureau for Unsubstantiated Sales Prices

Kelly Harris, Eugenia (Evie) Bouras

Amazon has agreed to pay a $1,000,000 administrative monetary penalty and $60,000 in Competition Bureau costs, following the Bureau’s conclusion that Amazon did not substantiate its sale prices. Vendors, lenders and lessors should take special care when setting and advertising...

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