Corporate coronavirus price gouging in the USA


This 20 March 2020 video from the USA says about itself:

SHOCKING Coronavirus Price Gouging

Shame on businesses price gouging during the coronavirus outbreak. Ana Kasparian discusses on The Young Turks.

“One store advertised hand sanitizer at $60 a bottle. Another was accused of hawking it at $1 a squirt. Chain stores offered $26 thermometers and face masks at the “everyday low price” of $39.95 a pair, while a convenience store touted toilet paper at $10 a roll next to a sign reading: “This is not a joke”.

Across a country where lines are long, some shelves are empty and patience is thin, authorities are receiving a surge of reports about merchants trying to cash in on the coronavirus crisis with outrageous prices, phony cures and other scams. An Associated Press survey of attorneys general or consumer protection agencies nationwide found reports already exceeded 5,000, with hundreds more arriving daily.

Greed is a powerful motivator for some people”, said Josh Stein, the attorney general of North Carolina, where the number of reports jumped from 72 to 131 one day earlier this week. “It is inexcusable to prey on people in a vulnerable time to make a quick buck.”

Read more here.

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