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                            <title><![CDATA[ Latest from Next TV in Price-gouging ]]></title>
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        <description><![CDATA[ All the latest price-gouging content from the Next TV team ]]></description>
                                    <lastBuildDate>Wed, 04 Mar 2020 21:00:11 +0000</lastBuildDate>
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                                                            <title><![CDATA[ Markey Presses Amazon to Better Police Coronavirus-Related Price Gouging ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/markey-presses-amazon-to-better-police-coronavirus-related-price-gouging</link>
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                            <![CDATA[ Markey Presses Amazon to Better Police Coronavirus-Related Price Gouging ]]>
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                                                                        <pubDate>Wed, 04 Mar 2020 21:00:11 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Policy]]></category>
                                                                                                <author><![CDATA[ john.eggerton@futurenet.com (John Eggerton) ]]></author>                    <dc:creator><![CDATA[ John Eggerton ]]></dc:creator>                                                                                    <dc:source><![CDATA[ http://cdn.mos.cms.futurecdn.net/ETjt8sjZcQr97v7yakQ4hP.jpg ]]></dc:source>
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                                <p>Sen. Ed Markey (D-Mass.) is calling on Amazon CEO Jeff Bezos to better police his online marketplace for coronavirus-related price gouging. </p><p>Markey cites reports of massive markups on face masks and hand sanitizer, like a normally $10 box of sanitizer priced at $400. </p><figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="EWsMEFQposrCrAhWuuCLSb" name="" alt="One online seller was asking $80 for two eight-ounce bottles of hand sanitizer" src="https://cdn.mos.cms.futurecdn.net/EWsMEFQposrCrAhWuuCLSb.png" mos="https://cdn.mos.cms.futurecdn.net/EWsMEFQposrCrAhWuuCLSb.png" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div><figcaption itemprop="caption description" class="pull-"><span class="caption-text">One online seller was asking $80 for two eight-ounce bottles of hand sanitizer </span></figcaption></figure><p>He noted <a href="https://www.markey.senate.gov/imo/media/doc/letter%20to%20Bezos%20re%20coronavirus%20price-gouging.pdf">in a letter to Bezos Wednesday</a> (March 4) that Amazon had taken steps last week to remove thousands of such posts per its fair pricing policy, but the senator suggested more needed to be done. "[C]ontinued reports of price gouging and a lack of transparency have left consumers exposed to unfair trade practices," Markey said. </p><p>Markey suggested that online retailers have a particular responsibility to guard against gouging as consumers "who are finding the shelves of local brick-and-mortar stores bare, and who may wish to avoid venturing into crowded stores and shopping malls, turn to the internet.” </p><p>The senator wants answers to the following questions by March 18: </p><p>1. "How does Amazon determine whether coronavirus-based price gouging is occurring on its platform? </p><p>2. "At what level is an item considered unfairly priced?</p><p>3. "How many price-gouging warnings has Amazon issued to sellers seeking to capitalize on the coronavirus? How many listings has Amazon removed or suspended?</p><p>4. "What additional resources is Amazon devoting to ensuring that coronavirus-based price gouging is not occurring on its platform?"</p>
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