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ARTICLE · 15 SEPTEMBER 2020

Price Gouging Weekly Round Up - September 14, 2020

Proskauer Rose LLP
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Price gouging enforcement and litigation is front and center for company counsel and business managers nationwide. Our weekly round up highlights some of the most relevant news and...

United StatesAntitrust/Competition Law

Price gouging enforcement and litigation is front and center for company counsel and business managers nationwide. Our weekly round up highlights some of the most relevant news and information to our clients and friends.

Consumer Watchdog Accuses Amazon and Third-Party Sellers of Price Gouging

According to a September 10, 2020, report from consumer rights nonprofit Public Citizen, Amazon listed its own products, including face masks, hand sanitizer, flour, and sugar at markups "ranging from 76% to more than 1,000%." For example, Public Citizen reports that between April 1 and August 16, 2020, Amazon sold disposable face masks in packs of 50 for $39.99, a price 1,000% greater than the expected price of $4.00. While between May 1 and August 16, 2020, Amazon reportedly sold 5 pound (pack of 8) flour for $80.35. Public Citizen has said that is more than $10 per bag of flour, compared to other online retailers selling flour for as little as $2.36. The report alleges

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