Carrefour store in Taipei

Carrefour store in Taipei

(AFP) TAIPEI – A Taiwanese court has rejected an appeal by French retail giant Carrefour against a fine for misleading advertisements, an official said Friday.

The Supreme Administrative Court upheld the decision against Carrefour for claiming it checked its price lists daily and immediately lowered the price of items found to be more expensive than competing stores, a court official said.

Despite the claim, made on Carrefour’s website and in its catalogues, four of its outlets failed to charge the lowest prices, the Fair Trade Commission found earlier.

Following its decision, made in 2006, the commission slapped a fine of 4.44 million Taiwan dollars (138,000 US dollars) on Carrefour for making untruthful and misleading statements on its pricing. read more at asiaone business…

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