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Economics

Wayfair among firms fined millions for misleading sales tactics

The Competition and Markets Authority has fined Wayfair, Appliances Direct, and Gold's Gym £6m in total.

Wayfair is among three firms fined a total of £6m by the competition watchdog over misleading sales tactics, with some customers due to receive refunds.

The Competition Markets Authority (CMA) has fined online furniture retailer Wayfair £4.8m and electronics retailer Appliances Direct £1.2m for misleading customers with time-limited offers.

Gold's Gym has also been fined £48,000 for failing to tell customers the total price of memberships.

Appliances Direct and Gold's Gym have been ordered to refund customers a combined £440,000.

finesfurniture retailrefundscompetition watchdogonline retailmisleading sales tacticsconsumer protectiongym memberships

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