Amazon bars one million products for false coronavirus claims

By Jeffrey Dastin

(Reuters) – Amazon.com Inc has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, the company told Reuters on Thursday.

Amazon also removed tens of thousands of deals from merchants that it said attempted to price-gouge customers. The world’s largest online retailer has faced scrutiny over the health-related offers on its platform, and earlier this week Italy launched a probe into surging prices around the internet for sanitizing gels and hygiene masks while it battled the biggest outbreak in Europe.

The coronavirus has caused at least 2,797 deaths globally. New reported infections around the world now exceed those from mainland China, where the flu-like disease arose two months ago out of an illegal wildlife market. Governments from Australia to Iran have closed schools, scrapped events and stockpiled medical supplies to contain the virus’s spread.

One offer comparison site showed recent examples of higher-than-usual prices for masks on Amazon made by U.S. industrial conglomerate 3M Co.

A merchant Thursday offered a 10-pack of N95 masks for $128, a Reuters reporter saw when clicking through the buying options on Amazon. That was up from a recent seller average price of $41.24, according to the tracking website camelcamelcamel.com. The item was no longer available in a check later in the day.

A two-pack respirator was offered new at $24.99 earlier this week by a third-party seller, up from a recent average of $6.65 when sold by Amazon, the price-following site showed.

“There is no place for price gouging on Amazon,” a spokeswoman said in a statement, citing the company’s policy that product information must be accurate and that Amazon can take down offers that hurt customer trust, including when pricing “is significantly higher than recent prices offered on or off Amazon.”

It declined to specify the exact threshold at which an item is considered unfairly priced.

The company said it has monitored for price spikes and false claims through a mix of automated and manual review of listings.

(This story refiles to delete extraneous words in second paragraph)

(Reporting By Jeffrey Dastin in San Francisco; Editing by Peter Henderson and Cynthia Osterman)

Italy probes “insane” prices for coronavirus masks, sanitizers

MILAN (Reuters) – Italian authorities have begun an investigation into rocketing online prices for hygienic masks and sanitizing gels following the coronavirus outbreak in northern Italy, two senior magistrates said on Tuesday.

Italy has seen the biggest outbreak of the disease in Europe, with more than 260 cases and seven deaths reported, most in the prosperous north of the country.

“We have decided to open an investigation after media reports of the insane prices fetched up by these products (masks and gels) on online sales websites in the last two days,” Milan deputy chief prosecutor Tiziana Siciliano told Reuters.

As the disease has spread, many pharmacists say they have run out of hygienic masks and hand sanitizers, and many people have resorted to online sites where prices have shot up.

“The price of masks online has risen from one cent to 10 euros each and a one-liter bottle of disinfectant that last week was on sale for 7 euros, was up to 39 euros yesterday,” Siciliano said.

Sales of hand sanitizer gels in Italy rose to 900,000 packs in the first six weeks of 2020, a nine-fold rise over the previous year and are expected to reach 1 million by the end of February, research institute Nielsen said on Tuesday.

“Sales of hygienic hand gels have gone through the roof. The shelves of big retailers (hypermarkets, supermarkets, cash and carry, specialist pharmacists and discounters) have been cleared out,” Nielsen said.

As the emergency has spread, police have also issued warnings that criminals posing as health inspectors have been using false identity papers to try to gain access to people’s houses to steal money or other valuables.

($1 = 0.9227 euros)

(Reporting by Emilio Parodi; editing by James Mackenzie and Mark Heinrich)