https://www.ftc.gov/news-events/pres...ce=govdelivery
Interesting bit of news.
https://www.ftc.gov/news-events/pres...ce=govdelivery
Interesting bit of news.
Strange indeed...
It's a start and am sure the FTC has lawyers on staff to beat this kind of thing. Many more to start the same process...Originally Posted by PartTimer
How low will the bottom go? Most offices are already competitive to 1-800. There are some places that now pop up selling contacts for less than a buck more than my wholesale. If these sites get more promotion, then this literally remove any chance of profitability from contact lens materials.
"Some believe in destiny, and some believe in fate. But I believe that happiness is something we create."-Something More by Sugarland
Charging that It Harms Competition in Online Search ............
FTC Sues 1-800 Contacts, Charging that It Harms Competition in Online Search Advertising Auctions and Restricts Truthful Advertising to Consumers
Bidding Agreements Are an Unfair Method of Competition, Agency Alleges
This will not help any retailer, it is all geared towards on-line business.
True but it is like the IRS, once they look at you for one thing, they look for other things...
If memory serves me correctly it wasn't too long ago that a board member if not chairman of the FTC was none other than CEO of ................wait for it.............1-800-contacts!!!
I suppose one can't blame 1-800 anymore than the CL suppliers. Selling their souls to the onliners and big boxes for a fast buck, offering ridiculous volume discounts - and specifically undercutting private practice.
But they keep telling us they're our buddies!
You're kidding?
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