Cyber Monday

Cyber Monday, following Black Friday, is a major online shopping event where retailers offer significant discounts. However, a recent investigation by the European Commission and consumer protection authorities across 23 EU member states, Iceland, and Norway, reveals a concerning trend of deceptive practices. The investigation found that approximately 30% of online retailers engage in misleading discount tactics during Black Friday and Cyber Monday sales. These tactics include inflating original prices before applying discounts and adding items to customer's carts without consent. This news is relevant due to the increasing popularity of these sales events and the potential for widespread consumer harm. The findings highlight the need for greater transparency and regulation to protect consumers from deceptive pricing strategies during these major shopping events.