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Thursday, March 28, 2024

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  1. phil

    Yelp lower; WSJ probing 2K+ FTC complaints

    12:39 PM ET · YELP

    • A recent letter (.pdf) sent to the WSJ by the FTC states the commission is providing the paper with 2,037 complaints filed against Yelp (YELP -3.3%), following a Freedom of Information Act request. “Identifying information” such as names/addresses has been left out.
    • This is far from the first time Yelp’s business practices have drawn scrutiny: Local businesses have accused Yelp in the past of hurting their ratings in the event they declined to buy ads, and a recent L.A. Times column suggests the company has told businesses it could make competitors’ ads disappear from their pages if they bought ads themselves. A Yelp spokesman says the company is merely telling businesses they can buy ads for their own pages.
    • There have also been complaints about fake reviews. Yelp has taken some steps to address this problem.
    var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1657243;s=YELP;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);



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