COVID-19FinancialRegulatory

Amazon removes more than 3,900 seller accounts from US store due to ‘coronavirus-based price gouging’

March 23, 2020 / Josh RiveraUSA TODAY

Amazon announced Monday that it has removed more than 3,900 selling accounts in its U.S. store for “violating our fair pricing policies.”

As coronavirus fears began to spread in early March, the company said it was investigating. On Monday, the retail giant also said in a blog post 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. 

“We began taking these enforcement actions promptly upon discovering this kind of misconduct, and we’ve been partnering directly with law enforcement agencies to combat price gougers and hold them accountable,” Amazon said in the post.

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Josh Sandberg

Josh Sandberg is the President of Ortho Spine Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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