For the third time in a month, the FAS opened proceedings against Alfa Bank for violation of the advertising law. The organization once again caught the attention of antitrust officials for illegible footnotes in advertising.
Russia’s Federal Antimonopoly Service (FAS) opened a case against Alfa Bank for violation of the law on advertising. This was reported by the FAS on its Telegram channel.
The department found that footnotes containing “important information” about the terms of the bank’s offer were communicated in a manner “difficult to understand over a short period of time.”
This is the third FAS case against Alfa Bank in a month. They all concern violations of the law on advertising and difficult-to-read footnotes to credit conditions and other offers. The first was released on November 1st and the second on November 9th.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
