Europe has a pretty big problem with its gadget vendors these days–roughly half of them, according to a report from the European Union, are under investigation for something.
The worst part is just what that “something” entails, according to reports: concealing delivery charges, misleading customers about products, and failing to honor the customer’s right to return products within a week as mandated throughout the European Union.
Three hundred and sixty nine websites throughout twenty eight countries are currently under investigation by EU officials, and punishments for wrongdoing vary wildly according to the charges filed.
I don’t know about you folks, but to me, this is horrible news. When you can’t trust the web stores in any basic level you’re leaving a serious potential for economic devastation. If no one trusted Amazon any more, or eBay, we’d lose a HUGE portion of revenue. And with three hundred sixty-nine European websites under investigation, this doesn’t bode well for an economic recovery.