3M files suit over third-party price gouging of N95 masks on Amazon
https://techcrunch.com/2020/06/09/3m-files-suit-over-third-party-price-gouging-of-n95-masks-on-amazon/
Amazon has promised vigilance against third-party price gouging since COVID-19 achieved global pandemic status. The company’s efforts have had mixed success, however, due in part to the sheer volume of vendors that utilize the company’s massive commerce platform. In a suit filed in California this week, 3M claims the seller was charging massively inflated prices for either damaged or counterfeit products.
“3M alleges that the defendants charged prices for the fraudulent respirators that exceeded as much as 20 times 3M’s N95 respirator list prices,” the company writes. “Amazon learned that the defendants misrepresented what would be delivered for these exorbitant prices, and that buyers had received non-3M respirators, fewer items than purchased, products in suspect packaging, and defective or damaged items. Amazon has blocked the accounts on its platform.”