A group of 32 U.S. states have a message for the nation's leading online pl...
) a bipartisan group of U.S. attorneys general outlined specific steps it wants the online platforms to take to end this practice.
The steps include triggering price-gouging protections prior to emergency declarations in a state, being proactive in setting policies and restrictions on sellers instead of playing catch up and creating a “fair pricing” page where consumers can report incidents. The issue of price-gouging on online platforms has become a hot topic among law enforcement agencies, officials and lawmakers as panicked consumers look to stock up on essential items during the outbreak.
Earlier this week, Amazon said it had removed 3,900 seller accounts involved in this activity. In early March, the company said it is working with state attorneys general to identify and prosecute third-party sellers.
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'Stop Price Gouging,' 34 Attorneys General Tell Amazon, Walmart, OthersIn letters to Amazon, Walmart, eBay, Facebook and Craigslist, 34 attorneys general said the companies have 'failed to remove unconscionably priced critical supplies' — and that they have 'an ethical obligation' to do so.
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'Stop Price Gouging,' 33 Attorneys General Tell Amazon, Walmart, OthersThe top state law enforcement officials also told Craigslist, eBay and Facebook that they have 'an ethical obligation' to root out spiking prices on hand sanitizers and other high-demand products.
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Amazon removes more than 3,900 seller accounts from US store due to 'coronavirus-based price gouging'On Monday, the retail giant also said it has removed more than half a million items from its stores because of 'coronavirus-based price gouging,' about half the amount it had previously said it removed in response to price gouging or misleading claims.
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Amazon suspends thousands of sellers over coronavirus price gougingAmazon says it has removed more than half a million listings that it believes are engaging in price gouging during the coronavirus pandemic.
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Amazon removes more than 3,900 seller accounts from US store due to 'coronavirus-based price gouging'Amazon said it removed more than 3,900 selling accounts in its U.S. store for "violating our fair pricing policies" during the coronavirus pandemic.
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