Amazon price gouging: Sellers charging up to 14 times more than competitors - Business Insider

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Amazon sellers are charging up to 14 times more than other retailers for pandemic essentials such as hand soap, according to this price gouging report

Amazon sellers are still hiking up the prices of essential products such as hand soap six months into the pandemic, new research has found.

The US Public Interest Research Group reviewed 10 food, health, and cleaning products, and found many cost significantly more on Amazon than at other US retailers. For example, Clorox was selling a canister of 75 disinfectant wipes on Amazon for $37.95 on August 11 — nearly eight times more than what Target and Home Depot charged for it. This product is now unavailable on Amazon.

The process is known as "price gouging": sellers hiking up prices because of increased demand. Amazon sellers aren't new to this practice — in February the US PIRG tracked surgical masks and hand sanitizers on the platform, and reported that prices of more than half of the products spikedThe new research suggests this is still happening.

 

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Don’t buy amazon! They rip you off!

It’s the *****consumers’ fault. Period.

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