FTC Settles Claims Over Advertised Prices at Long Island Auto Dealership Group
The FTC announced an agreement with Stream Auto Outlet over claims it advertised car prices far below what consumers ultimately had to pay.
The Federal Trade Commission announced an agreement with Stream Auto Outlet, a Long Island, New York-based dealership group, according to an FTC press release. The agreement resolves claims that the group deceived consumers by advertising prices far lower than what they ultimately had to pay. The FTC presented the settlement as a step toward price transparency for people buying cars.
For in-house legal teams, the matter is a reminder that the FTC is scrutinizing gaps between advertised and final prices, so it is worth checking that pricing claims in marketing match what customers actually pay.
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