State AGs call on Amazon, Facebook and others to crack down on coronavirus price gouging

South Africa News News

State AGs call on Amazon, Facebook and others to crack down on coronavirus price gouging
South Africa Latest News,South Africa Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

State AGs call on Amazon, Facebook and others to prevent coronavirus price gouging

The coalition, led by Pennsylvania's Democratic Attorney General Josh Shapiro, sent a letter to the companies saying they "have an ethical obligation and patriotic duty to help your fellow citizens in this time of need by doing everything in your power to stop price gouging in real-time." Attorneys general from California, Colorado and the District of Columbia were among those involved in the effort.

The letters acknowledge that platforms have already taken steps to remove some of the price-gouged products on their sites, but says consumers were already harmed by their presence. The attorneys general urge the companies to take proactive measures to prevent price-gouging on their sites, "[r]ather than playing whack-a-mole."

Amazon has taken steps to punish sellers on its platform that have sought to profit off fear-induced buying during the COVID-19 coronavirus crisis. The company

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

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.

State-by-state look at number of coronavirus deaths compared to confirmed cases in the U.S.State-by-state look at number of coronavirus deaths compared to confirmed cases in the U.S.Track the latest numbers on deaths in U.S. states and territories. Updated daily.
Read more »

Amazon suspends thousands of sellers over coronavirus price gougingAmazon suspends thousands of sellers over coronavirus price gougingAmazon says it has removed more than half a million listings that it believes are engaging in price gouging during the coronavirus pandemic.
Read more »

Amazon removes more than 3,900 seller accounts from US store due to 'coronavirus-based price gouging'Amazon removes more than 3,900 seller accounts from US store due to 'coronavirus-based price gouging'On Monday, the retail giant also said it has removed more than half a million items from its stores because of 'coronavirus-based price gouging,' about half the amount it had previously said it removed in response to price gouging or misleading claims.
Read more »

Amazon removes more than 3,900 seller accounts from US store due to 'coronavirus-based price gouging'Amazon removes more than 3,900 seller accounts from US store due to 'coronavirus-based price gouging'Amazon said it removed more than 3,900 selling accounts in its U.S. store for "violating our fair pricing policies" during the coronavirus pandemic.
Read more »

Leaked voicemail: An Amazon warehouse worker in Oklahoma was diagnosed with coronavirus - Business InsiderLeaked voicemail: An Amazon warehouse worker in Oklahoma was diagnosed with coronavirus - Business InsiderOne professor recently warned that more Amazon workers getting sick with coronavirus could be 'catastrophic' as the world fights the pandemic.
Read more »



Render Time: 2025-03-13 14:54:49