Pandemic profiteering: Amazon caught price gouging as Jeff Bezos’s wealth soared to $200 billion

“They are looking to maximize profit during a pandemic.”

185
SOURCEDemocracy Now!

The online giant Amazon has made an extraordinary amount of money during the COVID-19 pandemic, as many people shelter at home and shop online. A new Public Citizen report documents how Amazon set prices for essential products during the crisis at levels that would violate price gouging laws in many states, and marked up some products by as much as 1,000%. “This is an ongoing thing. They are doing this currently. They’ve been doing it throughout the pandemic,” says Alex Harman, competition policy advocate for Public Citizen and author of the report. “They are looking to maximize profit during a pandemic.”

FALL FUNDRAISER

If you liked this article, please donate $5 to keep NationofChange online through November.

Fall 2019

$
Select Payment Method
Personal Info

Credit Card Info
This is a secure SSL encrypted payment.

Donation Total: $5.00 One Time

COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.