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Family Dollar to Pay $63 Million Settlement for Overcharging Customers
The New York Times • • business
Key Points:
- Family Dollar has agreed to a $63 million settlement following complaints from federal and state authorities about overcharging customers beyond advertised prices.
- The Federal Trade Commission (FTC) announced the settlement alongside a court order aimed at stopping Family Dollar's deceptive pricing practices and mandating an independently certified pricing accuracy program.
- The complaint, filed by the FTC and 17 states, alleged that Family Dollar overcharged consumers by millions of dollars since January 2023.
- Family Dollar neither admitted nor denied the allegations as part of the settlement agreement.
- The FTC emphasized that the order ensures consumers will be reimbursed and protected from future deceptive pricing by Family Dollar.
