The Los Angeles City attorney's office on behalf of the State of California has filed lawsuits against J.C. Penny, Kohl's, Macy's and Sears for advertising an alleged "sales price" alongside an allegedly inflated "original," "regular," "former" or "list" price in order to persuade customers to purchase their merchandise. Under California law it is false and misleading to advertise a former price of a product unless it was the prevailing market price within three months of the advertisement. It...
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