News

Best Buy settles overcharging lawsuit

December 14, 2010

Best Buy Co. Inc. has settled a Connecticut lawsuit that accused it of advertising lower prices on some items on its website than at in-store kiosks, then overcharging customers at the stores.

According to an Associated Press story on cbsnews.com, the consumer electronics retailer did not admit wrongdoing as part of the 2007 lawsuit's settlement, filed Monday in Hartford Superior Court. However, it agreed to pay $399,000 to Connecticut's government general fund and reimburse affected customers for the difference between the online prices and the higher in-store kiosk prices they were charged.