Peruvian authorities have found Telefónica Móviles, a local branch of the Spanish multinational, liable for the equivalent of 2.5 million Soles for failing to live up to offers made during their ‘Quintuplica Movistar’ campaign. The company has been ordered to remove all advertising for the campaign effective immediately.
The campaign offered customers in the pre-paid and single-pay contracts an option for quintupling their credit and call time. In practice this was never possible, as fees were raised by up to 300% after the bonus was applied.
The campaign had also promised that the bonus would be instantly available once the required SMS was sent, when in fact it could take up to two full days before registering. This was considered enough to qualify as False Advertising.
Source: Huarmey
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI