NBC News: Parents accuse online sellers of price gouging on baby formula

NBC News: Parents accuse online sellers of price gouging on baby formula. “Parents struggling to find baby formula amid a nationwide shortage are reporting that price gougers are selling bottles and cans marked up by as much as 300 percent or more on websites like eBay, OfferUp, Amazon and Craigslist, and inside Facebook communities. But in many cases, they’re finding that the platforms are doing little to punish the predatory sellers.”

Route Fifty: Travel Nurses Saw a Pay Increase During the Pandemic. They Could Lose Those Benefits

Route Fifty: Travel Nurses Saw a Pay Increase During the Pandemic. They Could Lose Those Benefits. “In the last few months, several groups, including the American Hospital Association (AHA), the American Health Care Association/National Center for Assisted Living and 200 members of Congress, have called for an investigation into claims that agencies that place travel nurses around the country have been ‘price gouging’ hospitals in need of staff.”

CNN: People desperate for Covid tests are turning to resellers online

CNN: People desperate for Covid tests are turning to resellers online. “The emrgence of Covid test resales comes as frustrated Americans struggle to get tested and face long lines amid an increased demand following holiday travel and gatherings. Amazon, CVS Health and Walgreens are limiting the number of at-home Covid kits customers can purchase. Walmart recently hiked the prices for some of its rapid Covid tests from $14 to $20 for two. Experts say reselling kits in small numbers and without a large markup price is not illegal — nor is purchasing these products — but there are risks, for both buyers and sellers.”

Auburn Citizen: Illegal price gouging on COVID-19 test kits reported

Auburn Citizen: Illegal price gouging on COVID-19 test kits reported. “In a news release, Attorney General Letitia James said that her office has received complaints of COVID-19 testing products being sold at double or triple retail price. Standard BinaxNOW brand test kits sold at stores for between $14 and $25 for a package of two tests are reportedly being unlawfully sold for more than $40 and up to $70 per package.”

CBS News: Amazon customers face price gouging, consumer watchdog says

CBS News: Amazon customers face price gouging, consumer watchdog says. “Shopping on Amazon for paper towels, rice or other products that consumers hoovered up during the early months of the coronavirus pandemic? You might be able to find them cheaper elsewhere, according to a report by a consumer advocacy group that raises concerns about price gouging at the e-commerce company.In a new report that compared the cost of 10 food, health and cleaning products found on Amazon.com last month with prices charged by other major retailers for the same items, the U.S. PIRG Education Fund found that the items on Amazon were often two to 14 times more expensive than the identical products sold by Target, Walmart and others.”

ProPublica: Cannabis, Lies and Foreign Cash: A Mother and Daughter’s Journey Through the Underground Mask Trade

ProPublica: Cannabis, Lies and Foreign Cash: A Mother and Daughter’s Journey Through the Underground Mask Trade. “Contracts, emails and spreadsheets that Juanita and Dawn Ramos shared with ProPublica detail how domestic and foreign investors, many with marijuana industry ties, have seized upon the nation’s public health disaster. They show that some brokers attempted to use forged documents to gain access to masks coming off production lines of 3M, the manufacturer that makes the gold-standard masks capable of filtering 95% of particles that could transmit the novel coronavirus. In one exchange, the owner of a Swiss nutritional supplement company detailed his plan to buy millions of 3M masks at $3.71 apiece and resell them to the Federal Emergency Management Agency, whose purchase order priced masks at $7 each.”

CNET: Price gouging persists during pandemic, despite push to stamp it out

CNET: Price gouging persists during pandemic, despite push to stamp it out. “We’re three months into the pandemic, but it’s still easy to find examples of price gouging on Amazon. Last Friday, within five minutes, CNET found Cottonelle toilet paper listed on Amazon for $57.42 (price for the same item on Target: $21.49), and a two-pack of 28-ounce jars of Rao’s marinara sauce for $29.04 (an adjacent listing of 24-ounce jars from Amazon-owned Whole Foods would cost you $10.78). The problem isn’t confined to Amazon’s massive digital storefront. It’s pretty much everywhere.”

CNET: Put a stop to coronavirus price gouging, state AGs tell Amazon, Facebook and others

CNET: Put a stop to coronavirus price gouging, state AGs tell Amazon, Facebook and others. “Thirty-four state attorneys general are calling on companies like Amazon, Craigslist, Facebook, eBay and Walmart to take a harder stance of price gouging in the midst of the coronavirus pandemic. The letters to each company cite specific examples, like a Craigslist ad for a 2-liter bottle of Purell Advanced hand sanitizer with a $250 price tag. While the attorneys general acknowledge that these companies have taken steps toward curtailing price gouging, the latter calls for further action.”

New York Times: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them

This guy is making me seriously think about adding a “potato head” category to this newsletter. Didn’t quite convince me yet. New York Times: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them. “On March 1, the day after the first coronavirus death in the United States was announced, brothers Matt and Noah Colvin set out in a silver S.U.V. to pick up some hand sanitizer. Driving around Chattanooga, Tenn., they hit a Dollar Tree, then a Walmart, a Staples and a Home Depot. At each store, they cleaned out the shelves.”