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Preventing price gouging on popular products from big box and online stores

Posted at 5:59 AM, Mar 27, 2020
and last updated 2020-03-27 08:08:35-04

GREEN BAY (NBC 26) -- More than 30 Attorneys General have called out big names for not doing enough to stop price gouging. Amazon, Walmart, Facebook and E-Bay are responding to those claims.

The Attorney's General who sent the letter has thousands of reports from people that have suspected price gouging. The U.S Public Interest Research Group is pushing the online market places to do more.

Adam Garber with U.S. PIRG says a seller should have to justify why a product costs more now than it has historically. He also says a person, not a computer, should be in charge of approving it. The group is also calling for capping prices.

Amazon says it has already put in manual audits on products. It's worked with more than 40 States' Attorney's General to share information to hold price gougers accountable.

Walmart says it put a price freeze on certain products like hand sanitizers and cleaning products earlier this week at stores. The company says it's watching prices on its website and will automatically un-publish items from third party sellers that appear to be price gouging.

Facebook says it's put several automated detection mechanisms in place to block and remove listings. E-Bay says it is also taking significant measures to block or remove items.