Target to pay civil penalties, make changes to pricing practices

Photo by: Target
Photo by: Target

(Minneapolis, MN) -- The Minneapolis-based Target Corporation is settling a claim that the retailer engaged in false advertising and unfair competition.

The company has agreed to five million dollars in civil penalties and numerous changes to its in-store and online pricing practices. Six California county prosecutors accused Target of charging customers higher prices than advertised.

The company negotiated the judgment with prosecutors, but admits no guilt.