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million to cover the infringement and licensing of four patents. 130 The class action lawsuit was settled on December 17, 2012. "Groupon buys Bristol business for 65million". 131 Initial public offering filing edit Some analysts claim that Groupon operates "like" a Ponzi scheme, according to interpretation of 2011 Initial public offering (IPO) documentation, because at the time it publicly disclosed that it is losing approximately US100 million per quarter, had a net. Now these shoppers have also started to leverage the group buying model for purposes of buying other consumer durables. 143 In December 2011 the Office of Fair Trading (OFT) launched an investigation into Groupon after the firm broke regulations 48 times in 11 months. 147 Living on Groupon Live Off Groupon" program) edit In May 2010, Groupon created a challenge to live on Groupons for one year.
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