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March 26, 2020 04:45 pm

Put a Stop To Coronavirus Price Gouging, State AGs Tell Amazon, Facebook and Others

Thirty-four state attorneys general are calling on companies like Amazon, Craigslist, Facebook, eBay and Walmart to take a harder stance of price gouging in the midst of the coronavirus pandemic. From a report: The letters to each company cite specific examples, like a Craigslist ad for a 2-liter bottle of Purell Advanced hand sanitizer with a $250 price tag. While the attorneys general acknowledge that these companies have taken steps toward curtailing price gouging, the latter calls for further action. "When consumers cannot get what they need to protect their homes and loved ones -- or in this case, help prevent the spread of the virus -- consumers suffer not only economic harm, but serious health consequences as well," the letter reads. Specifically, the letter lists three steps companies can take including setting policies and restrictions around price gouging, triggering those protections ahead of an emergency declaration and creating and maintaining a "fair pricing" page or portal.

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