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May 29, 2020 03:20 pm
Illustration by Alex Castro / The Verge
Original Link: https://www.theverge.com/21273383/amazon-price-gouging-collectible-loophole-dumbbells-hot-tub
Amazon sellers are marking products as collectible to get around price gouging rules
Illustration by Alex Castro / The Verge
Amazon has suspended thousands of third-party sellers for price gouging during the COVID-19 pandemic, but sellers have found a loophole to avoid detection when raising prices: labeling their products as “collectibles,” even if there’s no conceivable way they could be.
Take this Bowflex dumbbell set, which my colleague Casey Newton encountered while browsing Amazon. Before it sold out in mid-March, Amazon had been selling the weights for $279. This week, the only available weights were from 20 sellers who were offering the dumbbells for between $899 and $1,275 (with free shipping). All had listed the item as “collectible.” The automated systems that detect price gouging appear not to monitor products if their condition is listed as...
Original Link: https://www.theverge.com/21273383/amazon-price-gouging-collectible-loophole-dumbbells-hot-tub
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