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7 lip 2020 · Since the rise of the COVID-19 pandemic, law enforcement agencies have paid particular attention to this last offense—price gouging. Recent headlines recount, for example, that Amazon has removed accounts and listings for violating the company's "fair pricing policies.
15 lip 2020 · It discusses the practical and conceptual difficulties that excessive pricing cases involve, especially under the current urgent circumstances that coronavirus has caused, and it assesses the remedies that the NCAs and the European Commission can impose in order to deal with price gouging.
25 lut 2022 · For example, Professor Herald Uhlig from the University of Chicago, one of the most vocal supporters of allowing price increases during the pandemic, defended the Colvin brothers and urged Amazon to let them sell their products at any price (see his Tweets below).
30 cze 2020 · Significant enforcement across the globe. Since the outbreak of COVID-19, governments across the globe have been actively monitoring the market and investigating businesses for charging excessive or unfair prices, based on antitrust, consumer protection and price gouging prohibitions.
We construct a dataset of prices, measures of seller reputation, and indicators of excess demand. To account for endogeneity issues, we use time series of number of COVID‐19 cases and number of COVID‐19‐related deaths as instruments of demand and number of competitors.
1 maj 2020 · We urge suppliers not to raise prices sharply on essential goods or services or ignore contracts in order to take advantage of an emergency. In fact, many states in the US are investigating hundreds of price-gouging complaints from consumers in the days that followed state-of-emergency declarations.
18 kwi 2023 · Using county-level daily data on social contact and mobility, we find evidence consistent with the impact of price-gouging regulation we hypothesize. The results demonstrate price regulation-induced increases in social contact more than offset the stay-at-home-order-induced decreases.
