All articles tagged with #inflated prices
Walmart has agreed to a settlement to pay back a fraction of what affected customers spent on packaged meat and bagged fruit purchases due to allegations of illicitly inflated prices. Customers who bought these products between Oct. 19, 2018 and Jan. 19, 2024 may be eligible for a payment of 2% of the total cost of their purchased goods, up to $500, by providing a receipt or attesting to the purchase.
Resellers are listing the Apple Vision Pro headset at highly inflated prices outside the US, with some listings more than double the official price of $3,500. The device has hit stores in the US, but Apple has not announced a launch date for other markets. Analysts suggest that the delayed international release is due to limited initial sales, regulatory compliance, and potential trademark issues in China. Despite the high prices, Apple has already sold around 200,000 headsets since preorders opened in mid-January.
Kraft, General Mills, and other major food companies have won a verdict in a federal jury trial in Chicago, holding top U.S. egg producers liable for unlawfully inflating prices. The jury found that the egg producers, including Cal-Maine Foods and Rose Acre, had conspired to charge artificially high prices, leading to a second trial to determine damages. Trade associations United Egg Producers and United States Egg Marketers were also found liable. Kraft and the other plaintiffs will argue for damages next week, with the plaintiffs not proposing a specific amount. The defendants deny any wrongdoing.
Chick-fil-A has agreed to settle a class-action lawsuit accusing the food chain of inflating prices for delivery orders during the pandemic. The lawsuit alleged that Chick-fil-A promised low delivery fees but increased menu prices by up to 30%. While the company did not admit guilt, it will pay out $4.4 million in the settlement. Eligible customers will receive either cash or a gift card worth $29, and Chick-fil-A will add a disclosure on its app and website regarding potential higher prices for delivery orders.
Chick-fil-A has agreed to settle a class-action lawsuit accusing the food chain of inflating prices for delivery orders during the pandemic. The lawsuit alleged that Chick-fil-A promised low delivery fees but increased menu prices by up to 30%. The company will pay out $4.4 million in the settlement and eligible customers will receive either cash or a gift card. Chick-fil-A will also add a disclosure on its app and website regarding potential higher prices for delivery orders.