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Amazon says working with state AGs to nab sellers engaged in price-gouging over coronavirus – Source Reuters Tech News

WASHINGTON (Reuters) – Inc said on Friday it is working with state attorneys general to identify and prosecute third-party sellers who are taking advantage of fears of the spreading coronavirus to engage in price-gouging on the Amazon website.

FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

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 sanitizers as people seek to protect themselves from the coronavirus.

Markey said he wrote the letter after finding that a pack of 24 2-ounce bottles of Purell, which should cost $10, was selling for $400 on the…

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Source Reuters Tech News

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