If you say you are an educational institution, you must mean it – media, telecommunications, IT, entertainment
United States: If you say you are an educational institution, you must mean it
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Otherwise, the Superintendency of Industry and Commerce would gladly fine you at least $ 45,000.
This was the case with AMERICAN SCHOOL WAY SAS, which presented itself as an “educational institution for work and professional development”, a category which, according to Colombian law, must be approved by the competent authority.
The lack of a license to operate AMERICAN SCHOOL WAY was reported by the Education Secretary of Manizales (a Colombian city) to the Superintendence of Industry and Commerce.
When the Superintendency of Industry and Commerce initiated the investigation, AMERICAN SCHOOL WAY was found to be:
- Provide false, unverifiable and incomplete information to consumers regarding the conditions of the services provided.
- Deceive consumers by providing information without justification.
- Lack of license or registration to provide the advertised program.
- Provide incomplete information on how, where and when to access the “BLACK FRIDAY WITH 30% DISCOUNT” promotion.
Therefore, do not let the Superintendency of Industry and Commerce investigate, as they will find out more than you think you can do wrong. Preferably, from the start, respect all registrations and justify the information provided in the announcement.
The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.
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