Watchdog Group Accuses Amazon of Price-Gouging

By Sheridan Fifer

A watchdog group called Public Citizen has accused Amazon of price-gouging on essentials during the coronavirus pandemic. Amazon has long ascribed such price spikes on items like toilet paper and hand sanitizer to "bad actors" among its third party sellers. But Public Citizen said it found instances where Amazon itself was selling staples at vastly inflated prices. 

In response, Amazon said that the watchdog group used a tiny sample for its findings, and that the retailer had fixed the problems brought to its attention. Furthermore, Amazon cited the number of seller accounts it has suspended for price-gouging: more than 10,000. 

“As we have said, there is no place for price gouging on Amazon and that includes products offered directly by Amazon,” an Amazon spokesperson said in a statement.

Read the full story at the New York Post.