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        <title><![CDATA[Amazon accused of price-gouging for essentials during COVID-19]]></title>
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            <media:title type="html">Amazon accused of price-gouging for essentials during COVID-19</media:title>
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        <content:encoded><![CDATA[<p>A watchdog group accused Amazon of jacking up prices for essential goods it sold directly to consumers during the coronavirus pandemic, even though the company has blamed spikes on third-party merchants.</p><p>The e-commerce giant hiked prices for 10 basic products — from cornstarch and flour to hand sanitizer and face masks — as much as 1,010 percent from February to mid-August, according to a <strong>report</strong> from Public Citizen.</p><p>All of the products reviewed were listed as “sold by Amazon” and not sold by third-party vendors, the left-leaning consumer rights group said in its report.</p><p>The findings, Public Citizen said, contradict Amazon&#8217;s claims that outside vendors were responsible for prices surging on its marketplace at the height of the pandemic when consumers were stockpiling staples while COVID-19 spread around the world.</p><p>&#8220;It is troubling that so much effort was put into blaming third-party sellers, but so little effort was made to stop the price increases — including on the products sold by Amazon directly,&#8221; Public Citizen said in its report dated Wednesday.</p><p>The group identified price hikes ranging from 48 percent to more than 1,000 percent for products listed as &#8220;sold by Amazon.&#8221; The biggest markup was for a 6.5-ounce package of cornstarch, which Amazon was caught selling for $8.99 while other retailers charge just 89 cents, the report says.</p><p>There was also a 1,000 percent hike for a pack of 50 disposable face masks — which are considered important for controlling the spread of the coronavirus — that was listed for $39.99 in the spring, according to the report. Public Citizen said the product went for around $4 before the pandemic, though it attributed that estimate to a February <strong>article</strong> in Wired that referenced prices for 100 masks.</p><p>Other large increases included a 528 percent spike for eight rolls of toilet paper, which went for $36.39 compared to other retailers&#8217; price of $6.89; and a 470 percent jump for antibacterial soap from $1.49 to $7, the report says.</p><p>But Amazon said Public Citizen sampled just a tiny number of the hundreds of millions of products the company monitors. The company said it fixed the problems as soon as they were brought to its attention.</p><p>&#8220;As we have said, there is no place for price gouging on Amazon and that includes products offered directly by Amazon,&#8221; an Amazon spokesperson said in a statement. &#8220;Our systems are designed to meet or beat the best available price amongst our competitors and if we see an error, we work quickly to fix it.&#8221;</p><p>Amazon has previously <strong>blamed</strong> virus-related price-gouging on &#8220;bad actors.&#8221; The company said it has suspended more than 10,000 selling accounts for attempted price-gouging and referred the worst offenders to law enforcement authorities.</p>]]></content:encoded>
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