Overview
- County prosecutors led by San Diego secured the settlement after alleging Lowe’s charged above the lowest advertised or posted prices across the state.
- Price checks from 2018 to 2022 found violations in 10 counties, with 4.4% of items overcharged and an average overcharge of 19.3%.
- The judgment prohibits charging more than the lowest advertised or posted price and mandates a new price-accuracy policy, staff training, and periodic audits.
- The order includes operational limits such as a restriction on raising prices over weekends to improve checkout accuracy.
- Lowe’s will pay $1 million in civil penalties plus about $61,215.90 for investigative costs and restitution, with Los Angeles County receiving roughly $166,666.