Amazon has been blamed for increasing the price of relevant items, just like antibacterial soap and toilet paper. This report was according to the consumer rights group Public Citizen. The report analyzed more than 12 products, not excluding those products that were being sold by third-party sellers.
As well as items being listed as “sold by Amazon”. It discovered that between May and August, the prices of some items increased. Thereby going against the Fair Pricing Policy of Amazon.
However, Amazon replied to this report and said that there was “no place for price gouging” on its services. Not excluding the products it directly sells. Also, an Amazon spokesperson said something in response to the report. The person said:
“Our systems are designed to offers customers the best available online price. And if we see an error, we work quickly to fix it”.
However, the report goes against the company’s claims. Saying that only third-party listings by “bad actors” have noticed the increase of price on items during the pandemic. Items like hand sanitizers and face masks. Amazon has taken a difficult opinion on sellers utilizing the order for household supplies. As well as hygiene products. Though, the company said it has prohibited such practices by thousands of sellers.
Public Citizen to Amazon
Following what Public Citizen said. Those items tagged as “sold by Amazon” saw price inflation of anyplace from 48 percent for hand sanitizer to 1000 percent. Just for packets of face masks. Well, hand sanitizer is a product listing that Amazon said it had restricted as far back as March.
Speaking on the tissue paper, for instance. The non-profit organization mentioned that it saw a packet of eight rolls sold for $36.39 in June. Whereas the rest retailers sold theirs for $6.89. A bottle of antibacterial soap was priced at a high price of $7, compared to a low price of $1.49. That is an increase of about 470 percent, imagine!.
In addition to examining ten important items tagged as “sold by Amazon”, also, the report arranged 8 products that were sold by third-party sellers. Similar sellers give an account of a quarter of the online retail avenue of Amazon. This was according to the most current earnings report of the company. Also, Public Citizen saw increases of about 274 percent for just antibacterial soap and 941 percent for flour too.
However, the report saw so many examples where third-party price tracers saw a lot of inequalities between the highest and lowest prices tagged for items. In some cases, it just shows how difficult it is to see how many products have sold for on the whole.
Thus, know what their price should be. Prices change so fast, thereby making it so very difficult to estimate or guess what a price is, and which prices are mistakes or quirks.
Public Citizen reports an increase in price on items
Let’s take the Face mask for an example. Although the reports of the Public Citizen of a 1000 percent increase in price from about $4 to $39.99 now for just one packet of 50 face masks tagged as “sold by Amazon”! It figured out that the price of new listings for face masks makes it very “difficult to make apples-to-apples comparisons”.
The citation of the report for this normal price of $4 for face masks comes through a Wired report that was publicized in February. And which also heads towards a removed listing for one packet of 100 face masks, and not 50.
Public Citizen is demanding new federal laws which plainly show the point at which price inflation becomes unfair pricing and what products they are applied to. But also for the company to alter its listing to make pricing fairer. The advocacy group wants the company to connect to a price history close to every item listing.
And to as well stop its act of enabling the creation of new product pages for products that are listed already on its service, amongst other refinements.