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US: FTC sues 1-800 Contacts over online search advertising

By  |  August 8, 2016

The US Federal Trade Commission said on Monday it had sued 1-800 Contacts, which it called the largest US online retailer of contact lenses, alleging the company illegally maintained anticompetitive agreements with rival online contact lens sellers.

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    These agreements “suppress competition in certain online search advertising auctions and … restrict truthful and non-misleading internet advertising to consumers, resulting in some consumers paying higher retail prices for contact lenses,” the federal regulator said in a statement.

    Full Content: Fox News

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