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ARTICLE · 02 SEPTEMBER 2024

Pricing And Discount Claims: WAS Misleading, NOW Compliant

Lewis Silkin
Lewis Silkin
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Lewis Silkin

Lewis Silkin

Joint managing partners: Jo Farmer, Richard Miskella International offices: Dublin, Hong Kong...

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In August 2024, the CMA issued updated guidance on reference pricing. As the consumer law REVOLUTION continues in the UK, this latest development offers important insight into the CMA's approach to discount claims...

United KingdomConsumer Protection

In August 2024, the CMA issued updated guidance on reference pricing. As the consumer law REVOLUTION continues in the UK, this latest development offers important insight into the CMA's approach to discount claims, and introduces important new standards.

Pricing claims, including discount claims, must be clear and fair, and must not mislead consumers. That is the position under consumer protection legislation and the UK's advertising codes (CAP non-broadcast Code and BCAP broadcast Code).

In August 2024 the Competition & Markets Authority (CMA) issued guidance on reference pricing for online sellers of mattresses. Although this guidance relates to a specific sector, it seems likely that the CMA will follow the same approach to reference prices in other sectors involving online sales of products, except perishable goods, like food and drink.

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