Net bookstore denies deceit
By Sarah LaVoie
Daily Forty-Niner
The president of a major online textbook
seller denies claims from a recent lawsuit accusing his company of using
false and misleading advertising to attract students.
"We think that each and every claim in
the lawsuit is completely without merit," said Eric Kuhn, president of
VarsityBooks.com, during a teleconference Nov. 15.
The National Association of College Stores,
a nonprofit organization that helps college stores succeed, fears that
advertising is tricking students into believing they are saving money on
books, said Cynthia D'Angelo, association spokeswoman.
The lawsuit, filed Oct. 29, states that
the 40 percent discount advertised by VarsityBooks.com is deceptive, because
the "suggested price" used for comparison does not exist.
A suggested price is usually the price
printed on the book cover by the publisher.
Traditional bookstores, such as Barnes
and Noble, often sell books at the suggested prices.
"As an industry standard there really aren't
suggested prices on textbooks," D'Angelo said.
Baker and Taylor, a national book distributor
utilized by VarsityBooks.com, is widely used as a source of suggested list
prices, Kuhn said.
Available representatives from this distributor
were unable to comment on the validity of this claim.
The suit, which seeks no monetary damages,
aims to prevent VarsityBooks.com from including inaccurate information
in its advertising practices and prohibit them from using the term suggested
price.
"From day one in our advertising, we have
said that we offer up to 40 percent discounts.
We have never stated that we offer a 40
percent [discount] for all books," Kuhn said.
"We believe that college students are intelligent
enough to determine for themselves what is a meaningful discount."
The action also requests a public retraction
from VarsityBooks.com for its alleged false and misleading advertising
claims, according to a press release from the bookstore association.
The suit asserts that these claims from
VarsityBooks.com have caused irreparable harm to as many as 3,000 stores
in the association.
"The point is to have them stop deceptive
advertising practices and put everybody on a level playing field," said
Roman Gulon, Forty Niner Shops general manager.
"They are advertising suggested prices
and there are no such things." |