CompUSA fingered by feds over rebates
EVER WONDER about those Big Box rebate offers on computer kit being too good to be true? Still waiting for your rebate cheque to arrive? The US government is starting to move against companies that aren't paying up on time. On Friday, March 11, the United States Federal Trade Commission (here) settled charges against CompUSA and the offices of peripherals manufacturer QPS. Inc for "allegedly failing to pay, in a timely manner, thousands of rebates for products sold under the CompUSA and QPS brands."
Under terms of the settlement, CompUSA will pay consumers who purchased QPS products at CompUSA their due or past-due rebates, typically ranging from $15 to $100 each. It's the first time the FTC has charged a retailer over its rebate advertising practices. The administrative agreement settles all federal charges against CompUSA and two QPS principals.