[ad_1] While Amazon has spoken out repeatedly against price gouging, much of its focus has been on third-party sellers. Amazon says it has removed more than one million listings and suspended more than 10,000 accounts for suspected price gouging. But the report released this week provides several examples of products labeled “sold by Amazon” that […]
Category: price gouging
Amazon sellers use ‘collectible’ label to dodge price gouging rules
[ad_1] Amazon’s measures to prevent price gouging have a relatively simple workaround. The Verge has learned that some third-party sellers are marking products as “collectible” to evade Amazon’s automated price controls. The internet retailer reportedly has price ceilings that normally kick in when a product is listed as “new,” but that ceiling apparently doesn’t kick […]
Amazon, DOJ ask consumers to report coronavirus price gouging
[ad_1] According to Reuters, Amazon sent an email to customers who may have purchased items from sellers guilty of price gouging. “We wanted to notify you directly about this matter in the event that you are contacted by the Department of Justice in connection with its investigation,” the email reportedly stated. Last week, the DOJ […]