Warning: Groupon May Be Dangerous to Your Wealth
Category: MONEY
Merchants basically get it -- to many of them, Groupon looks less like an innovative advertising mechanism than a loan broker, arranging bundles of small loans from consumers, and taking a substantial cut... Consumers don't often see this side of the equation.
By Norman I. Silber, Contributor
Teaches Law at Hofstra and Yale, 2014-03-06