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> All persons who resident in the United States and purchased a course or courses from Defendant at a discount based on Reference Price Promotion during the per
by suddenclarity 3y ago
> All persons who resident in the United States and purchased a course or courses from Defendant at a discount based on Reference Price Promotion during the period of August 23, 2017 through and including the Date of Settlement.
Does it mean anyone can jump in and demand a slice of the pie? What's more important, how will it impact the future? Will Udemy have to stop the fake sales to avoid future lawsuits? $4m seems small considering their revenue.
- fwlr 3y ago> Does it mean anyone can jump in and demand a slice of the pie? (Not a lawyer etc) As long as someone purchased a course at the discount price during the period specified (and meets the other criteria), yes - they qualify to get a portion of the $4M. > how will it impact the future? Will Udemy have to stop the fake sales to avoid future lawsuits? $4m seems small considering their revenue. The amount is likely based to some degree on the revenue generated by this tactic, so it should in a sense “undo” however they’ve profited from this tactic. If it’s more profitable to keep doing it, I expect there will be another suit similar to this one, and “they were fined and kept doing it” will be a potent argument for massively increasing the amount of the fine as a punitive measure.
- 93po 3y ago> “they were fined and kept doing it” will be a potent argument for massively increasing the amount of the fine as a punitive measure. This never stops the rest of the corporate world from knowingly and flagrantly breaking the law to make money. Thanks, regulatory capture.
- fwlr 3y agoNot sure I understand. Udemy being fined for deceptive advertising won’t have any impact on whether other companies decide to break other laws. Regulatory capture is an entirely unrelated thing, that’s when law-makers are influenced to make laws that serve the interests of the entities they’re supposed to be regulating. Companies breaking laws and courts punishing law-breakers are not involved in the law-making process.
- deleted 3y ago[deleted]
- Suppafly 3y agoI paid $9.99 for an android course, I doubt it's worth trying to claim on this unless they are going to refund the whole thing. Getting $0.50 back while some law firm gets $1, isn't a meaningful use of my time.