July 31, 2021

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UK’s Biggest Trade Union Takes Aim at Amazon Over ‘Price Gouging’ Allegations

UK’s Biggest Trade Union Takes Aim at Amazon Over ‘Price Gouging’ Allegations
Unite — the UK’s largest trade union, with some 1.4 million members — has accused Amazon of inflating prices for items such as hand sanitiser and other health products during the pandemic. From a report: Working with competition lawyers Preiskel & Co LLP, Unite has submitted a formal complaint to the Competition and Markets Authority (CMA) over alleged “abuse of its market position in relation to price gouging at the height of the COVID-19 pandemic.” Unite claims that the price hikes hit vulnerable and older people, who had no choice but to stay at home and minimise their risk of infection. It has called on Amazon to “repay the overcharges.” It claims to have uncovered 50 different items — including soap, antibacterial spray, face masks, and toilet paper — that were sold on Amazon “for at least double their usual price at the height of the pandemic last year.”

Read more of this story at Slashdot.