Facemasks and hand gels have seen wildly inflated prices online as sellers seek to profit from panic-buyers and fears about the spread of Covid-19.
Third-party sellers are scrambling to profit off panic-buyers seeking stock up on the goods , despite health authorities warning of potential shortages or personal protective gear.that falsely advertise protection against coronavirus. Ebay has also blocked sellers from listing goods using the words ‘Coronavirus’, ‘epidemic’, ‘virus’, and ‘Covid-19’.: Fears about the spread of Covid-19 has sparked a run on items most needed by health professionals.
Most U.S. states have laws preventing price gouging of essential items, and this may well be extended to products facing coronavirus-related shortages. France has taken drastic measures to halt the run on masks, and is reserving their distribution for health professionals and people who are sick with the virus, President Emmanuel Macron announced on Tuesday. Meanwhile, some pharmacies in the U.K.
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