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Amazon cracks down on over 1 million sellers for price overcharging, products making false claims on COVID-19

Amazon has now launched an intensified campaign against price overcharging and on products that makes fake claims on the coronavirus disease (COVID-19).
 
In a report on CNBC, the company said that it has blocked or removed over 1 million products in its site.
 
There were over a million products attempting to make misleading claims about the coronavirus. It also said that they have suspended or took down tens of thousands of offers from third-party merchants for overpricing.
RELATED STORY: Coronavirus COVID-19 risk increased to ‘very high’ but containment still possible: WHO
 
The company didn’t give specific figures for how many listings it removed or suspended for overcharging.
 
“There is no place for price gouging on Amazon,” an Amazon spokesperson told CNBC in a statement.
 
The company vows that they will continue to monitor the marketplace and remove offers violating the company’s terms and conditions. 
 
The company also added a notice to users once they search coronavirus or masks to the Centers for Disease Control and Prevention for more information about prevention and treatment of the disease.
READ ON: COVID-19 reaches Mexico, Netherlands, Nigeria
 
Last week, the company warned third party sellers for overpricing of masks. 

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