Amazon says working with state AGs to nab sellers engaged in price-gouging over coronavirus

FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

WASHINGTON (Reuters) – Amazon.com Inc said on Friday it is working with state attorneys general to identify and prosecute third-party sellers on its website who are engaged in price-gouging to take advantage of fears of the spreading coronavirus.

In a letter to U.S. Senator Edward Markey, the company said it has removed more than 530,000 product offers over price-gouging concerns as well as “millions” of products that make unsupported claims about their ability to fight coronavirus.

Markey wrote Amazon earlier this week asking the company to stop third-party sellers from ramping up prices for items like Purell hand sanitizer as people seek to protect themselves from the coronavirus.

Reporting by Nandita Bose and David Shepardson in Washington; Editing by Sonya Hepinstall

View original article here Source