Amway, Is it the greatest con game since the shell game?
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childhood, Van Andel and DeVos became business partners in endeavors such as a hamburger stand, air charter service, and a sailing business.
Ja-Ri was incorporated in 1959, and changed its name to “Amway” in 1963.
Regarding legal actions:
In the 1979 In re. Amway Corp. (93 F.T.C. 618) ruling,[7] the Federal Trade Commission found that Amway does not qualify as an illegal pyramid scheme since the main aim of the enterprise is the sale of product and money is paid only for business volume, personal and group. It did, however, order Amway to change several business practices and prohibited the company from misrepresenting the amount of profit, earnings or sales its distributors are likely to achieve. Amway was ordered to accompany any such statements with the actual averages per distributor, pointing out that more than half of the distributors do
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