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IATA members engaging in illegal rebating on their IATA-set scheduled fares. In the early 1970s, there were a half billion dollars in annual illegal transatlantic scheduled fare rebates uncovered in a US Department of Justice investigation that resulted in fines and consent decrees from 19 airlines Pan Am , Trans World Airlines and most ...
The Robinson–Patman Act (RPA) of 1936 (or Anti-Price Discrimination Act, Pub. L. No. 74-692, 49 Stat. 1526 (codified at 15 U.S.C. § 13)) is a United States federal law that prohibits anticompetitive practices by producers, specifically price discrimination.
An instant rebate, or sometimes instant savings, is a marketing strategy or gimmick in which a product is either advertised at a specific price, or at a discounted price, where the discount is applied at the time of purchase.
Rebating [ edit ] Although rebating, which involves giving back some of the purchase price (or offering some sort of per customer discount) is common in some industries, as of 2009, 48 states and D.C. prohibited it in insurance by adopting a law based upon the NAIC Model Unfair Trade Practices.
It may come as a surprise, but all of these things are legal in the U.S., at least in some parts. The post 18 Things You Think Are Illegal but Aren’t appeared first on Reader's Digest.
California's proposed "Clean Car Discount" program (AB493-Ruskin) [2] was designed to help reduce the state's global warming/greenhouse gas emissions by imposing a fee of up to $2,500 on new, high carbon emitting vehicles (starting with 2011 models), and then rebating the fee to buyers of new low emission vehicles, thereby theoretically shifting the social cost of the destruction of public ...
Orman advises people who pay off their balances every month to strongly consider a cash back card, which can end up rebating as much as 2% per purchase to one’s account. 7) Avoid Store Cards
Tying (informally, product tying) is the practice of selling one product or service as a mandatory addition to the purchase of a different product or service.In legal terms, a tying sale makes the sale of one good (the tying good) to the de facto customer (or de jure customer) conditional on the purchase of a second distinctive good (the tied good).