Carrefour stung with fine for false advertising

26th June 2007, Comments 0 comments

PARIS, June 26, 2007 (AFP) - French supermarket group Carrefour, the world's second-biggest retailer after Wal Mart, has been fined 1.5 million euros (2.0 million dollars) by a French court for false advertising.

PARIS, June 26, 2007 (AFP) - French supermarket group Carrefour, the world's second-biggest retailer after Wal Mart, has been fined 1.5 million euros (2.0 million dollars) by a French court for false advertising.

The court in Evry, near Paris, ordered Carrefour to display the ruling at all the checkouts of its 213 hypermarkets in France.

The group had been accused of advertising products which were either unavailable in sufficient quantities, were not sold at the advertised price or did not match the description in the group's sales catalogue.

The court fined the group another 500,000 euros, taking the total to 2.0 million euros, for below-cost selling and collusion with suppliers.

Carrefour's lawyer, Jean-Francois Roy, said the company "retained the option to launch an appeal" against a decision of "unbelievable severity."

At a hearing last month, the public prosecutor had called for 4.8 million euros in fines against Carrefour.


Copyright AFP

Subject: French news

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