Are there any laws governing the use of pricing information in advertising?

Yes, in Virginia there are laws governing the use of pricing information in advertising. According to the Virginia Consumer Protection Act, it is unlawful for any person to make false or misleading statements about the price of any product or service in connection with any advertisement or promotional material. This includes making false or misleading statements about discounts, warranties, or other services related to the product or service being advertised. Further, it is unlawful to make false or misleading statements about the availability or quantity of a product or service being advertised. Any person who makes such false or misleading statements can be held liable to the person or persons to whom the statement was made and can be fined up to $2,500 per violation. Advertising must also be accurate and not misleading or deceptive. This includes advertising that omits important information or contains inaccurate information. Any advertisement must provide enough information so that a consumer can make an informed decision about the product or service being advertised. Overall, Virginia has regulations in place to ensure the accuracy and integrity of advertising and any use of pricing information must adhere to the provisions of the Virginia Consumer Protection Act.

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