Instacart to Pay $60 Million in Refunds for Allegedly Deceiving Customers

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Instacart’s month keeps getting worse. The grocery delivery service was hit with another blow on Thursday, when the U.S. Federal Trade Commission (FTC) announced the company agreed to issue $60 million in refunds to settle allegations that it engaged in deceptive business practices.

The news dropped the same day reports surfaced that the FTC is also probing Instacart’s pricing practices, following a report that found the company was charging some customers nearly 25% more for the…



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Instacart to Pay $60 Million in Refunds for Allegedly Deceiving Customers



Instacart’s month keeps getting worse. The grocery delivery service was hit with another blow on Thursday, when the U.S. Federal Trade Commission (FTC) announced the company agreed to issue $60 million in refunds to settle allegations that it engaged in deceptive business practices.

The news dropped the same day reports surfaced that the FTC is also probing Instacart’s pricing practices, following a report that found the company was charging some customers nearly 25% more for the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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