• Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • DMCA
  • Terms of Use
Saturday, July 2, 2022
NEW EXPRESS NEWS
  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE
No Result
View All Result
  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE
No Result
View All Result
NEW EXPRESS NEWS
No Result
View All Result

Amazon plans to prosecute sellers for price gouging during coronavirus – CNET

by NEWS DESK
March 6, 2020
in TECHNOLOGY
0 0
0
0
SHARES
2
VIEWS
ShareShareShareShareShare
Amazon package

Amazon is cracking down on price gouging during the spread of COVID-19.

Ina Fassbender/Getty Images

Amazon is cracking down on sellers who are price gouging on items like hand sanitizer and face masks during the spread of the coronavirus. In a response to a Wednesday letter from Sen. Edward J. Markey that warned Amazon CEO Jeff Bezos about price inflations, VP of Amazon Public Policy Brian Huseman wrote that the company is working with multiple state attorneys general to prosecute "the worst offenders."

Amazon said it's monitoring the site, "aggressively enforcing" its policy and has taken down hundreds of thousands of high-priced products and suspended thousands of accounts. The company has also said it's removed "millions" of products claiming to cure 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," says the letter, provided to CNET by Amazon via email and reported earlier Friday by Reuters. "It is unconscionable."

On Feb. 26, Amazon warned its sellers about price gouging. Earlier Friday, eBay banned the sale of face masks and hand sanitizers amid price-gouging concerns.

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

Washington Attorney General Bob Ferguson has warned stores against jacking up pricing, saying this week that "we are taking formal investigative actions."

More on the coronavirus
  • Coronavirus: All your questions answered
  • Coronavirus: Latest updates
  • How face masks work and who should wear them (hint: very few of you)
  • Hand sanitizer can't fully protect you from getting sick

Now playing: Watch this: Amazon discourages face mask price gouging, Konami Code… 1:29 Comments Sci-Tech Tech Industry Wellness Legal Coronavirus E-commerce Notification on Notification off Amazon

Previous Post

Boeing Faces $20 Million Fine by F.A.A.

Next Post

Disney Plus giving Beauty and the Beast’s Gaston and LeFou a series – CNET

Related Posts

TECHNOLOGY

I just bought a Nvidia RTX 3070 for MSRP because the GPU shortage is over

July 1, 2022
0
TECHNOLOGY

Google will auto-delete abortion clinic visits from user location history

July 1, 2022
0
TECHNOLOGY

The best Xbox controllers for 2022: Microsoft, Razer, PowerA, and more

July 1, 2022
0
TECHNOLOGY

Easily skip Windows 11 Microsoft account requirements with Rufus

July 1, 2022
0
TECHNOLOGY

Zero Wing, the ‘all your base are belong to us’ game, is now available on Nintendo Switch

July 1, 2022
0
TECHNOLOGY

The government’s going after alleged crypto scammers as market crashes

July 1, 2022
0
Next Post

Disney Plus giving Beauty and the Beast's Gaston and LeFou a series - CNET

Browse by Category

  • arts and entertainment
  • BUSINESS
  • EDUCATION
  • EUROPE
  • GULF NEWS
  • HEALTH
  • INDIA
  • LIFESTYLE
  • NEWS
  • RELIGIOUS
  • SCIENCE
  • SPORTS
  • TECHNOLOGY
  • Uncategorized
  • US NEWS
  • WORLD
NEW EXPRESS NEWS

Follow Us

  • MALAYALAM NEWS

© 2020 NEW EXPRESS NEWS

  • HOME
  • US NEWS
  • INDIA
  • EUROPE
  • WORLD
  • GULF NEWS
  • BUSINESS
  • HEALTH
  • RELIGIOUS
  • SPORTS
  • TECHNOLOGY
  • LIFESTYLE

© 2020 NEW EXPRESS NEWS

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In