False advertising and unfair competition are serious offenses that undermine consumer trust and distort the marketplace. When companies engage in deceptive practices, they not only cheat consumers but also gain an unjust advantage over businesses that operate ethically and transparently.
Home Depot charged customers a higher price than the lowest one in promotions to the public. The amount people paid when an item was scanned differed from the amount they paid at checkout.
Home Depot's revenue was over $150 billion last year, so the financial part of the settlement is meaningless. However, the national press picked up the story, which means Home Depot's reputation was damaged.
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