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It's time for Congress to establish a federal price gouging law [blog.aboutamazon.com]
Remember when Facebook calling for privacy regulation was one of the biggest stories? Now Amazon seems to be taking a page from their playbook, calling for price gouging laws. Via @annierpalmer https://t.co/htubaUr77e
— Lauren Feiner (@lauren_feiner) May 13, 2020
It's time for Congress to establish a federal price gouging law. Read my latest post on the Day 1 blog. https://t.co/m2J9AZakDa
— Brian Huseman (@b_huseman) May 13, 2020
“As bad actors seek to profit off the COVID-19 crisis, federal legislation is needed to protect consumers.” https://t.co/LV2AlDuGuz
— Amazon News (@amazonnews) May 13, 2020
Amazon is calling on Congress to pass a federal price gouging law that includes expanded powers for the FTC https://t.co/Fo1N8emU81
— Cristiano Lima (@viaCristiano) May 13, 2020
Under attack from lawmakers for not doing enough to stop price gouging, Amazon is now asking for a federal price gouging law. https://t.co/cE4prhv3yP
— Nandita Bose (@nanditab1) May 13, 2020
"As bad actors seek to profit off the COVID-19 crisis, federal legislation is needed to protect consumers."
— Amazon Policy (@amazon_policy) May 13, 2020
Read more from Brian Huseman, Vice President of Public Policy here: https://t.co/3u0bCrBq0U https://t.co/1NtkvNdlFc
As I read this as a consumer, I'm not sure that Amazon's anti-price gouging manifesto here actually helps customers. They don't want states to punish price-gougers for a 10% price hike during an emergency...(1/2) https://t.co/GT4Fz7Sl07
— Sucharita Kodali (@smulpuru) May 13, 2020
I love you, @amazon, but you're breaking my heart with this economic illiteracy and demagoguery. I paid $85 for facemasks on @amazon back in March and I was happy to do it.https://t.co/cq4EJOCPvW
— Bryan Caplan (@bryan_caplan) May 13, 2020
Colonizer wants you to believe he's going to Mars, but price gouging on his platform is somehow beyond him. https://t.co/PvsklM1CHj
— All I don't wanna do is zoom-a-zoom-zoom-zoom (@hypervisible) May 14, 2020
Amazon asks Congress to pass a law against price gouging during national crisis https://t.co/fUawsvCHPu pic.twitter.com/CYOE2Lxjkh
— The Verge (@verge) May 13, 2020
“Amazon’s proposed legislation would ensure that only the party that sets the price — like, say, a bad third-party Amazon retailer — be held liable for the inflated price, not the storefront (i.e. Amazon) that hosts that seller and facilitates the sale.”https://t.co/Ybzy5Aqil6
— Dieter Bohn (@backlon) May 13, 2020
Amazonは、手指消毒剤やマスクなどの重要な商品を、不正に高騰した価格で販売するのを、国家危機の際に規制する法律を議会に成立させるよう要求。現状の放棄ではプラットフォーム側がそのようなものを取り締まるのに不十分という。 https://t.co/s0JCCIc4xx
— Yoshi 吉田拓史 (@taxiyoshida) May 13, 2020
by @b_huseman, Amazon VP for Public Policy: "It's time for Congress to establish a federal price gouging law - As bad actors seek to profit off the COVID-19 crisis, federal legislation is needed to protect consumers." https://t.co/guu9TvS8sz
— Werner Vogels (@Werner) May 14, 2020
Amazon Calls for Anti-Price Gouging Laws!$AMZN has a dedicated team looking into consumer exploitation which, they wish to make clear, is a national scourge. Especially at on-line flea markets.
— Jeff Macke (@JeffMacke) May 14, 2020
Anyone want to buy some $1,000 "collectable" dumbbells?https://t.co/PxbTShUQbD https://t.co/U3PBmJK6eD pic.twitter.com/KgCT2pqfPs
Maybe @amazon's v-p of public public was reading the part in Orwell's *1984* where they torture Winston Smith until he screams, "Do it to Julia! Do it to Julia! Not me!" https://t.co/cq4EJOleEo
— Bryan Caplan (@bryan_caplan) May 14, 2020
Top Amazon exec calls for federal price gouging law amid coronavirus scams https://t.co/p8I8p9mdsq
— CNBC Tech (@CNBCtech) May 13, 2020
Amazon did something Wednesday that companies typically only do when they're desperate: It called for the government to regulate its business.
— Emily Birnbaum (@birnbaum_e) May 14, 2020
Here's what Amazon (and other e-commerce platforms) stand to gain from a federal price-gouging law.https://t.co/VloacvAwDG
Every time someone calls for higher taxes, people say "why don't you pay extra to the IRS right now if that's how you feel?"
— Jeff Bercovici (@jeffbercovici) May 14, 2020
Every time a company doesn't want to do something it knows it should do, it asks Congress to pass a law making everyone do it.https://t.co/As316szH74