3M has reportedly filed a lawsuit against a merchant on Amazon selling the company’s masks for more than 18 times their list price. The target of the lawsuit, Mao Yu and his affiliated companies, made $350,000 selling the masks.
Federal prosecutors say a New York City man coughed on FBI agents and claimed to have the Chinese coronavirus as they arrested him for price gouging on medical supplies.
Amazon announced this week that it has kicked almost 4,000 sellers off of its platform for price gouging on emergency items during the Wuhan coronavirus pandemic.
“This sends a strong message – we will not let those hoarding vital supplies and price gougers to harm the health of America in this hour of need,” White House press secretary Stephanie Grisham said in a statement.
White House trade adviser Peter Navarro said brokers hoarding supplies to price gouge Americans will not be let off the hook during the Chinese coronavirus crisis.
Despite a warning by Texas Attorney General Ken Paxton that price gouging related to the Chinese coronavirus will be prosecuted, more than 300 complaints have been filed as of Friday.
The Michigan Department of Attorney General issued a “cease and desist” letter on Tuesday to the home improvement chain Menards after the attorney general claimed the company was “price gouging” face masks, cleaning products, and other items related to the coronavirus pandemic.
Two brothers are now under investigation in Hixson, Tennesee, for allegedly trying to resell antibacterial products on Amazon for profit during the Chinese coronavirus pandemic.
A man with a huge amount of hand sanitizer in Chattanooga, Tennessee, was recently barred from selling it online.
It is the practice of legalized price gouging; making a killing under a system that has been thoroughly warped and corrupted by government public policy and by the rampant corporatizing of medical care in this country.
The State of Texas officially accused 127 gas stations of price gouging during the Hurricane Harvey disaster. This follows an investigation conducted into thousands of consumer complaints received by the Consumer Protection Division.
Spiking rents after the Wine Country fires could help Lieutenant Governor Gavin Newsom’s housing policies build support for his campaign for California governor.
Anyone who got behind the wheel in Dallas on Thursday morning saw unusually long lines at gas stations, higher prices, and “out of service” bags placed on pumps that ran out of gasoline altogether–but experts say there is no gas shortage in Dallas or Texas.
As Texas and Louisiana continue to suffer the results of Hurricane Harvey, experts warn that the devastation is likely to force a rise in prices at the pump throughout the country.
Texas lawyers are manning legal hotlines to assist victims of the disastrous storms and tornadoes in Texas.
