Source: CTV News, November 22, 2018
As Canadians prepare for Black Friday and Cyber Monday shopping, the Competition Bureau is warning bargain hunters to be watchful for a potential online scam called the “cancelled discount.”
The bureau says the cancelled discount is an advertising trend on their radar that involves multiple steps:
- a retailer advertises an item for a certain price online;
- the consumer buys it at that price;
- the retailer then contacts the consumer, indicating the item cannot be sold at that price and cancels the order;
- the item is still available for purchase, but at a higher price.
