Amazon Cut 530,000 3rd-Party Price-Gouging ‘Offers,’ Working With AGs, It Tells Markey
Amazon removed more than 530,000 “offers” from its online store for “coronavirus-based price gouging,” Vice President-Public Policy Brian Huseman wrote Sen. Ed Markey, D-Mass. It also “suspended” more than 2,500 third-party “seller accounts” in the U.S. “for violating our price…
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gouging policies,” said Huseman Friday. “We have issued proactive reminders of our fair pricing policy to all of our selling partners. We are actively working with state attorneys general to prosecute bad actors.” Amazon won’t “tolerate attempts by bad actors to artificially raise prices on basic need products during a global health crisis,” said Huseman. “It is unconscionable.” Markey wrote Amazon Wednesday insisting that it thwart third-party price gouging on hand sanitizer and facial masks during the coronavirus crisis (see 2003040053).