Felpris

Felpris is a term used in Scandinavian languages to describe an incorrect or misdisplayed price for a product, typically encountered in retail settings. It refers to situations where the price shown on a shelf label, tag, online listing, or advertisement does not reflect the intended price set by the retailer.

Causes of felpris include human error during data entry, software glitches in pricing systems, last-minute promotions, currency conversion mistakes, or mismatches between online catalogs and in-store pricing. It can affect single items or entire ranges and may occur in both physical stores and e-commerce platforms.

Legal and policy framework surrounding felpris varies by jurisdiction. In many places, retailers are expected to maintain accurate pricing and to honor prices that customers reasonably rely on, especially when the price is clearly displayed or advertised. However, if an apparent price error is obvious to a reasonable person, retailers may have grounds to cancel a sale or offer to sell at a corrected price, according to local laws and company policies. Online platforms often include terms that address pricing errors and provide procedures for correcting them after checkout. Enforcement and remedies may involve refunds, price adjustments, or formal notices from consumer protection authorities in cases of systematic or deceptive mispricing.

For consumers, felpris can lead to disputes at the point of sale or after purchase, while retailers face potential reputational damage and financial costs from price corrections, refunds, or penalties. Price accuracy remains a common focus of advertising standards and consumer protection efforts.