Amazon suspended more
than 3,900 selling accounts on its U.S. platform for violating its fair pricing
policies. The retail giant said it is sharing information with federal and
state regulators about sellers it thinks are engaging in price gouging.
Amazon has booted
almost 4,000 sellers off its platform for jacking up their prices during the
Amazon said in a
company blog on Monday that it had removed 3,900 sellers for price gouging and
with them well over half a million extortionately priced items.
constantly monitoring our stores for unfair prices and listings that make false
claims in regards to COVID-19. We have dynamic, automated systems in place that
locate and remove unfairly priced items. In addition, we have deployed a
dedicated team that’s working continuously to identify and investigate unfairly
priced products that are now in high demand, such as protective masks and hand
sanitizer,” the company said in its blog post.
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