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Amazon says working with state AGs to nab sellers engaged in price-gouging over coronavirus [Reuters]
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Amazon says working with state AGs to nab sellers engaged in price-gouging over coronavirus WASHINGTON (Reuters) - Amazon.com Inc said on Friday it is working with state attorneys general to identify and prosecute third-party sellers on its website who are engaged in price-gouging to take advantage of fears of the spreading coronavirus. In a letter to U.S. Senator Edward Markey, the company said it has removed more than 530,000 product offers over price-gouging concerns as well as “millions” of products that make unsupported claims about their ability to fight coronavirus. Markey wrote Amazon earlier this week asking the company to stop third-party sellers from ramping up prices for items like Purell hand sanitizer as people seek to protect themselves from the coronavirus.
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