Amazon prepares to prosecute sellers for rate gouging throughout coronavirus break out

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Amazon is punishing rate gouging throughout the spread of COVID-19.


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For the most current news and details about the coronavirus pandemic, go to the WHO site.

Amazon is punishing sellers who are rate gouging on products like hand sanitizer and face masks throughout the spread of the coronavirus. In a reaction to a Wednesday letter from Sen. Edward J. Markey that cautioned Amazon CEO Jeff Bezos about rate inflations, VP of Amazon Public Policy Brian Huseman composed that the business is dealing with numerous state chief law officers to prosecute “the worst offenders.”

Amazon stated it’s keeping track of the website, “aggressively enforcing” its policy and has actually removed numerous countless expensive items and suspended countless accounts. The business has likewise stated it’s gotten rid of “millions” of items declaring to treat COVID-19.

“There is no place for price gouging on Amazon, and we will not tolerate attempts by bad actors to artificially raise prices on basic need products during a global health crisis,” states the letter, supplied to CNET by Amazon by means of e-mail and reported earlier Friday by Reuters. “It is unconscionable.”

On Feb. 26, Amazon cautioned its sellers about rate gouging. Earlier Friday, eBay prohibited the sale of face masks and hand sanitizers amidst price-gouging issues. 

On March 4, New York City tweeted that it would start issuing fines “to any store found price gouging supplies.” You can call 311 to report any rate gouging. 

Washington Attorney General Bob Ferguson has warned stores against jacking up pricing, stating today that “we are taking formal investigative actions.”

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