Price gouging

Hagens Berman: Lawsuit Accuses Amazon of Price-Gouging During COVID Pandemic

Retrieved on: 
Saturday, July 3, 2021
Legal, Professional services, 3D publishing, Amazon, Publishing, Retailers, Steve Berman, Companies, Pricing, Price gouging

A class-action lawsuit accusing Amazon of price-gouging during the COVID-19 pandemic has now been expanded to include a proposed class of all Amazon shoppers nationwide who purchased affected products, according to law firm Hagens Berman.

Key Points: 
  • A class-action lawsuit accusing Amazon of price-gouging during the COVID-19 pandemic has now been expanded to include a proposed class of all Amazon shoppers nationwide who purchased affected products, according to law firm Hagens Berman.
  • The expanded lawsuit, filed July 2, 2021, accuses the worlds largest online retailer, Amazon.com, of engaging in unconscionable and unlawful price increases during the COVID-19 pandemic, inflating prices for essential goods by upwards of 1,800 percent.
  • If you purchased any consumer food items or goods, emergency supplies or medical products from Amazon during the COVID-19 crisis, find out more about the lawsuit and your rights.
  • Attempting to profit from a deadly pandemic is far from a victimless act, said Steve Berman, managing partner of Seattle-based Hagens Berman.

Avoid Price Gouging When Rebuilding in the Aftermath of California Wildfires with Easier, Money-Saving Bids on BidBird®

Retrieved on: 
Thursday, October 22, 2020
Technology, Retail, Insurance, Law enforcement, Emergency services, Other Construction & Property, Public policy, Government, Residential Building & Real Estate, Online Retail, Commercial Building & Real Estate, Professional services, Construction & Property, Software, Internet, State, Local, Types of insurance, Homeowner association, Price gouging, Insurance, Home insurance

Price gouging exists because construction material suppliers are willing to charge more after a crisis.

Key Points: 
  • Price gouging exists because construction material suppliers are willing to charge more after a crisis.
  • After you have entered the warehouse it feels like too much work to go somewhere elseso you pay more, said Trevor Pan, BidBird Founder.
  • Emptying a small masonry yard in Nevada and delivering the masonry to the California job site is seamless using BidBird.
  • Homeowners, homeowner associations, builders, institutions, and insurance companies have a new option when rebuilding in the aftermath of a disaster.

Quality King and CEO Glenn Nussdorf Cleared of Price Gouging Charges

Retrieved on: 
Wednesday, September 23, 2020
Price gouging, Pricing, Gouge

The court absolvedGlenn NussdorfandQuality Kingof any wrongdoing, concluding that the parties did not violate the price gouging statute.

Key Points: 
  • The court absolvedGlenn NussdorfandQuality Kingof any wrongdoing, concluding that the parties did not violate the price gouging statute.
  • Ruling from the bench, Judge Rakower stated "I do not find Quality King unconscionably raised its prices."
  • Moreover, the court found that the Attorney General had not provided any evidence to support its allegation thatGlenn Nussdorfhad violated the price gouging statute.
  • Glenn Nussdorfcomments, "On behalf ofQuality King Distributors, we are grateful to the court for its thorough analysis, pleased that our positions have been vindicated and our names have been cleared.

Shook Launches Price Gouging Enforcement Digital Maps

Retrieved on: 
Wednesday, August 19, 2020
Pricing, Price gouging, Gouge

SAN FRANCISCO, Aug. 19, 2020 /PRNewswire/ --Shook, Hardy & Bacon has released a series of digital maps to guide businesses on the myriad state laws regarding alleged price gouging.

Key Points: 
  • SAN FRANCISCO, Aug. 19, 2020 /PRNewswire/ --Shook, Hardy & Bacon has released a series of digital maps to guide businesses on the myriad state laws regarding alleged price gouging.
  • The maps help businesses during these trying times as prosecutors have announced investigations and enforcement actions for alleged price gouging and plaintiffs have brought price gouging suits against a wide variety of businesses.
  • "These maps provide an important nationwide resource that details which products are covered, potential defenses to price gouging allegations and where a private right of action is available."
  • Recognizing that businesses also may find themselves to be victims of price gouging, the maps further identify which states limit their price gouging laws to consumer products purchased for personal or household use.

Emerson Firm, PLLC Announces Ongoing Investigation of Alleged Price Gouging by AMAZON.COM, INC.

Retrieved on: 
Wednesday, April 29, 2020
Business, Marketing, Articles, Price gouging, Pricing, Profiteering, Amazon, Law firm

HOUSTON, April 28, 2020 (GLOBE NEWSWIRE) -- Emerson Firm, PLLC announces that it is continuing its investigation into alleged price gouging by Amazon.com, Inc. (AMZN) during the COVID-19 Pandemic.

Key Points: 
  • HOUSTON, April 28, 2020 (GLOBE NEWSWIRE) -- Emerson Firm, PLLC announces that it is continuing its investigation into alleged price gouging by Amazon.com, Inc. (AMZN) during the COVID-19 Pandemic.
  • California law and the laws of certain other states prohibit profiteering from a public health crisis.
  • We seek to hold Amazon accountable for its allegedly unlawful price increases during the COVID-19 pandemic.
  • Houston, Texas law firm Emerson Firm, PLLC represents many consumers in California and throughout the nation.

3M files lawsuit in Canada over deceptive N95 online retail sales and price gouging

Retrieved on: 
Tuesday, April 21, 2020
Marketing, Companies, Protective gear, 3M, Ramsey County, Minnesota, Business, Respirator, Shopify, Price gouging, N95, Online shopping

The defendants, Zhiyu Pu and Harmen Mander, directors of Caonic Systems, Inc., falsely affiliated themselves with 3M to sell N95 respirators at exorbitant prices during the pandemic.

Key Points: 
  • The defendants, Zhiyu Pu and Harmen Mander, directors of Caonic Systems, Inc., falsely affiliated themselves with 3M to sell N95 respirators at exorbitant prices during the pandemic.
  • Caonic Systems immediately reopened another Shopify site as www.tormenhealth.com , and continued to claim an affiliation with 3M on social media.
  • Caonic was selling the N95 respirators for $17.00 each, more than five times the appropriate retail price.
  • If customers have concerns about potentially fraudulent activity, price gouging, or counterfeit 3M products, they can report their concerns at 3M's website .

3M Files Lawsuit in Canada Over Deceptive N95 Online Retail Sales and Price Gouging

Retrieved on: 
Tuesday, April 21, 2020
Legal, Medical Supplies, Infectious diseases, Finance, Engineering, Chemicals, Plastics, Professional services, Manufacturing, Health, Marketing, Companies, Protective gear, 3M, Ramsey County, Minnesota, Business, Respirator, Shopify, Price gouging, N95, Online shopping

The defendants, Zhiyu Pu and Harmen Mander, directors of Caonic Systems, Inc., falsely affiliated themselves with 3M to sell N95 respirators at exorbitant prices during the pandemic.

Key Points: 
  • The defendants, Zhiyu Pu and Harmen Mander, directors of Caonic Systems, Inc., falsely affiliated themselves with 3M to sell N95 respirators at exorbitant prices during the pandemic.
  • Caonic Systems immediately reopened another Shopify site as www.tormenhealth.com , and continued to claim an affiliation with 3M on social media.
  • Caonic was selling the N95 respirators for $17.00 each, more than five times the appropriate retail price.
  • If customers have concerns about potentially fraudulent activity, price gouging, or counterfeit 3M products, they can report their concerns at 3Ms website .

3Di Systems Creates Nationwide Anti-Price Gouging Site to Aid in Current Pandemic

Retrieved on: 
Tuesday, April 21, 2020
Price gouging, Pricing, Articles, Milk

This often means increasing prices of essential items like toilet paper, disinfectant, milk, bread, and more.

Key Points: 
  • This often means increasing prices of essential items like toilet paper, disinfectant, milk, bread, and more.
  • "Price gouging has been a growing issue, happening all across the United States" said Rajiv Desai, CEO of 3Di Systems.
  • 3Di Systems is a Los Angeles-based solutions and services company with almost two decades of experience providing award winning technology for the public sector.
  • Through its powerful low-code platform that includes solutions for affordable housing, fire prevention, and community engagement, 3DI Systems makes transforming cities and counties into digitally current communities their mission.

Economists Sign Petition: 'To End the Shortages, Repeal the Anti-Price Gouging Laws'

Retrieved on: 
Monday, April 13, 2020
Pricing, Price gouging, Respiratory therapy, Medical ventilator

Niles has studied this issue extensively and recently contributed a chapter to Coronavirus and Economic Crisis, edited by Peter G. Earle.

Key Points: 
  • Niles has studied this issue extensively and recently contributed a chapter to Coronavirus and Economic Crisis, edited by Peter G. Earle.
  • "Face masks, ventilators, and other medical supplies are urgently needed," Niles explains.
  • "And the only way we can ensure their ready supply is to allow prices to rise.
  • A first step is to repeal these destructive 'price gouging' laws."

3M Files Lawsuit Alleging N95 Price Gouging in New York City

Retrieved on: 
Friday, April 10, 2020
Legal, Other Manufacturing, Medical devices, Medical Supplies, Infectious diseases, Finance, Professional services, Manufacturing, Health, Companies, Protective gear, 3M, Ramsey County, Minnesota, Respirator, Gouge, Price gouging, Technology, Equipment

3M filed legal action today in federal court in New York City against Performance Supply LLC, alleging illegal price gouging and deceptive trade practices in the sales of N95 respirators that are critical in the fight against the COVID-19 outbreak.

Key Points: 
  • 3M filed legal action today in federal court in New York City against Performance Supply LLC, alleging illegal price gouging and deceptive trade practices in the sales of N95 respirators that are critical in the fight against the COVID-19 outbreak.
  • The New Jersey-based defendant, which falsely claimed a business affiliation with 3M, offered to sell $45 million in N95 respirators to New York City officials at prices 500-600% over 3Ms list price.
  • 3M does not and will not tolerate price gouging, fraud, deception, or other activities that unlawfully exploit the demand for critical 3M products during a pandemic, said Denise Rutherford, 3Ms Senior Vice President, Corporate Affairs.
  • The lawsuit is part of an extensive series of actions 3M has taken to address price gouging and counterfeiting activity related to its respirators.