Leon's, The Brick reach settlement with Competition Bureau
The Ottawa-based Competition Bureau has reached a settlement with furniture retailers Leon's and The Brick regarding their advertising of financing plans. As part of the settlement, the two chains will each donate $750,000 worth of home furnishings over two years to Canadian charities. The companies have also agreed to adhere to the bureau's guidance on the proper use of disclaimers in advertising and the disclosure of related fees. According to the bureau, the agreement ends its legal proceedings against the companies, which began in 2013.
"Consumers expect and deserve truth in advertising," said Josephine Palumbo, deputy commissioner of competition. "The bureau works to ensure Canadians can trust advertising claims made by businesses and can be confident in their purchasing decisions. Increased competition in the marketplace provides consumers with competitive prices and more choice."