Groupon and other novel discount-voucher services have been enjoying much attention lately. But state consumer law has long imposed substantial regulation on the practice of coupon discounting: some states bar the use of coupons for the purchase of alcoholic drinks, others require that coupons carry a maturity at least as long as five years or some other time span, and so forth. Are the new social-discount services at risk for significant legal exposure? [Benjamin Edelman and Paul Kominers via Felix Salmon]
Comments are closed.