Media Coverage
Source: GeekWire.com
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
03.28.11
The fine print of various daily deal websites is a hot topic under close examination, reports GeekWire.com, as proposed class action suits filed against Groupon and Living Social allege violations of various state and federal laws that concern gift certificates.
Pillsbury corporate & securities partner Deborah Thoren-Peden, who represents similar websites, said that “daily deals should be thought of more like temporary sales, or coupons, as opposed to traditional gift certificates.”
“Following that line of reasoning, no one would expect a traditional merchant to keep an item on sale forever,” she said.
She also added that “most companies in the daily deal industry act responsibly by alerting consumers, in the fine print and other disclaimers, that laws in their locations may give them additional rights.” Thoren-Peden said that she believes the industry in general goes “beyond the tenets of the various gift card laws.”