Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Groupon Advertising Practices Being Probed by U.K. Regulator

Groupon Inc., the largest Internet daily-deal site, is being investigated by Britain’s competition regulator over concerns including unfair promotions and exaggerated savings.

The U.K. Office of Fair Trading has been investigating Groupon’s British unit since July and expanded the probe after receiving a complaint from the country’s advertising watchdog.

“Given Groupon’s track record, we have serious concerns about its ability to adhere to the advertising code,” the Advertising Standards Authority said in a statement. “It is in the public interest that we refer the matter to the OFT.”

Groupon, based in Chicago, raised $700 million selling 35 million shares at $20 each on Nov. 3, the biggest IPO by a U.S. Internet company since Google Inc. first sold shares in 2004. Groupon rose 8.3 percent yesterday to $18.95 in New York trading.

“We are constantly evolving business process to ensure customers receive the best possible experience at the highest standards,” a Groupon spokesperson said in an e-mailed statement. “We are cooperating fully with the OFT to ensure that the rights of consumers are protected.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.