Walmart nixes price matching loophole that provided $90 PS4 units

Walmart didn't take kindly to customers making off with lower-priced PS4 units by using price match loophole and fake ads.

Published Thu, Nov 20 2014 3:41 AM CST   |   Updated Tue, Nov 3 2020 12:13 PM CST

A scam that allowed customers to purchase Sony PlayStation 4 consoles from $50 to $100 by creating fake ads online, has been nixed by Walmart. It's not surprising to hear Walmart moved quickly to prevent further lost revenue, especially as more satisfied customers boasted their success via social media.

Walmart nixes price matching loophole that provided $90 PS4 units | TweakTown.com

"We can't tolerate fraud or attempts to trick our cashiers," Walmart said in a statement. "This kind of activity is unfair to the millions of customers who count on us every day for honest value."

However, Walmart will match rival sales listings from Amazon, Best Buy and other retailers on Black Friday, as retailers fight for consumers. It will be curious to see how Walmart decides to verify price matches, to better prevent future scams.

NEWS SOURCES:cnbc.com, i.huffpost.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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