State laws designed to protect consumers in the aftermath of hurricanes and other natural disasters may be used to fight a new threat: Purell price-gouging
... [+]Shortages of hand sanitizer and face masks mean state laws designed to protect consumers in the aftermath of hurricanes and other natural disasters may be used to fight a new threat: Purell price-gouging.
Amazon and other online marketplaces that use third-party sellers are being criticized for examples of extreme price-gouging on their sites, such as $100 bottles of hand sanitizer or face masks marked up 500%. “There is no place for price gouging on Amazon,” a company spokesperson said in a statement to Forbes.com. “We are disappointed that bad actors are attempting to artificially raise prices on basic need products during a global health crisis.” The company said it has blocked or removed “tens of thousands of offers” and that it will actively monitor the site and remove any new offenders.
While a crisis such as the COVID-19 outbreak presents an opportunity for retailers in terms of increased demand, “ultimately retailers should understand that in the long run this will hurt goodwill and relationships with the customer,” if they use the increased demand to take advantage of customers, said Lynch.... [+]Star Tribune via Getty Images
The Michigan Attorney General Dana Nessel warned Tuesday that she will “bring the hammer down on any person or business that uses this public health threat to feed their own greed.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swiss Festivals Canceled, Greek Doc Fest Postponed Amid Coronavirus ConcernThree international film festivals canceled or postponed their upcoming editions Monday. Switzerland’s International Film Festival and Forum on Human Rights (FIFDH) and Think Cinema Lausanne (a.k.a…
Read more »
The National is the latest band to cancel a tour amid coronavirus fearsBTS, Green Day and Stormzy have also cancelled tour dates in Asia in response to the spread of coronavirus.
Read more »
United is postponing a pilot class due to coronavirus amid an imminent shortage - Business InsiderThe impact of the coronavirus on the airline industry has been dramatic so far, but is likely to get worse.
Read more »
BTS Cancel Concerts In South Korea Amid Coronavirus ScareFans in South Korea will have to wait to see the band on their next tour.
Read more »
Google, Twitter, tell employees to work remote amid coronavirus spread - Business InsiderGoogle isn't the only tech company to test such a policy, as Silicon Valley begins to adapt its practices around the coronavirus outbreak.
Read more »
Redmond, Washington, declares state of emergency amid coronavirus concernsThe city of Redmond, WA, has declared a state of emergency due to coronavirus. The city said the declaration is intended to make it easier to ask for more resources. Redmond is best known for Microsoft's worldwide HQ and is only 4 miles from Kirkland, WA.
Read more »