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Wal-Mart settles price deception allegation in New York

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New York has been a tough place for Wal-Mart to gain footing and a recent pricing gaffe in Coca-Cola products has the retailer paying $66,000 in penalties with a promise to improve its pricing practices in the future, according to Attorney General Eric Schneiderman.

His office recently reports that Wal-Mart charges $3.50 for 12-packs of Coca-Cola products instead of the $3.00 advertised price.


"There has to be one set of rules for everyone, no matter how rich or how powerful, and that is why our office must ensure that even the largest corporations cannot advertise one price and then charge a higher one to New Yorkers," Schneiderman noted in his release.

Wal-Mart did not admit to or deny the Attorney General’s discovery that cash registers weren't programmed to recognize the advertised price.

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