Amazon removed 1 million items for coronavirus-related price gouging
From CNN's Jordan Valinsky
Amazon says it has pulled more than
1 million products for price gouging or falsely advertising effectiveness against the
coronavirus.
This action comes after Wired found sellers gouging the prices of coronavirus-related products, like face masks, or charging people "exorbitant shipping costs,"
according to the magazine.
The company said in a statement that it has "always required sellers provide accurate information" on product pages and removes those that violates its policies. Amazon said that third-party sellers must follow its Fair Pricing Policy, which states companies can't set a price "significantly higher" then seen in other places or sell an item that "misleads customers."
"We are disappointed that bad actors are attempting to artificially raise prices on basic need products during a global health crisis and, in line with our long-standing policy, have recently blocked or removed tens of thousands of offers," an Amazon (
AMZN) spokesperson told CNN Business. "We continue to actively monitor our store and remove offers that violate our policies."