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Wal-Mart Fined $66,000 in New York State for False Advertising

New York's attorney general has settled an investigation into false price advertising for Coca-Cola 12-packs by Wal-Mart at 117 stores statewide. The attorney general's office says the retail chain launched a national Father's Day sale in June advertising the 12-packs for $3, but shoppers in New York were routinely charged $3.50. Investigators say consumers who complained were falsely told New York has a "sugar tax", and markup more than 16% above the advertised price violated two New York laws. They also say Wal-Mart ran a similar sale in March, and 66,000 12-packs of Coca-Cola have been sold in New York at an inflated price. The settlement requires Wal-Mart pay over $66,000 in penalties and costs and improve internal reporting.