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Abstract:WASHINGTON (Reuters) – Kohls Corp and Walmart Inc have agreed to pay a combined $5.5 million penalty to settle allegations they deceptively marketed products made of bamboo that instead contained other materials, the U.S. Department of Justice said on Thursday.
div classBodysc17zpet90 cdBBJodivpWASHINGTON Reuters – Kohls Corp and Walmart Inc have agreed to pay a combined 5.5 million penalty to settle allegations they deceptively marketed products made of bamboo that instead contained other materials, the U.S. Department of Justice said on Thursday.p
pKohls will pay 2.5 million and Walmart will pay 3 million after the U.S. authorities alleged they advertised “products as made of bamboo when such products were actually made of rayon and did not contain bamboo fibers,” a statement released by the department and the Federal Trade Commission said. pdivdivdiv classBodysc17zpet90 cdBBJodiv
p
pp Reporting by Susan Heavey Editing by Chris Gallagherp
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