3M wins injunction against mask seller accused of price gouging

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3M Co won an injunction from a federal judge against a New Jersey company it accused of illegally using its trademarks to sell 3M-branded N95 ...

3M Co won an injunction from a federal judge against a New Jersey company it accused of illegally using its trademarks to sell 3M-branded N95 respirator masks at inflated prices to exploit the coronavirus pandemic.

U.S. District Judge Loretta Preska in Manhattan on Monday blocked Performance Supply LLC of Englishtown, New Jersey from using 3M's name and logo, or posing as an authorized 3M distributor, to help sell masks.3M, based in St. Paul, Minnesota, is the world's largest maker of N95 masks, which are designed to filter 95per cent of airborne particles.

3M said the markup was roughly five times its list prices of US$1.02 to US$1.31 per mask, depending on the model, and amounted to"extreme" price gouging. Judge Preska said Performance Supply's conduct would likely irreparably harm 3M's reputation if it continued.

 

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