US Trading Company Sues Amazon

US Trading Company Sues Amazon

The US e-commerce giant Amazon has been sued for an excessive price increase in basic supplies during the coronavirus outbreak. In the lawsuit filed by the Hagens Berman law firm in the California Northern District Court, Amazon was sued for causing illegal price increases in the coronavirus outbreak. In the petition of the case, there was evidence of a price increase of 500 percent in the face mask of the internet sales company, 233 percent in painkillers, 100 percent in hygiene materials, 400 percent in flour products, and 674 percent in black beans. In the petition, which emphasized that after the price increases, both the products owned by Amazon and the sales of third sellers were underlined, it was underlined that Amazon company knew and gained great profits from these sales. "Perhaps the most disturbing thing is that Amazon is advertising efforts to prevent price increases by third-party suppliers while maintaining illegal high-priced sales on many important products," the petition presented. On March 23, the Amazon company said it would not allow the excessive increase in prices on their site, saying that users who have done so have suspended their accounts. As is known, California's Competition Act had forbidden the increase of prices of some basic consumer goods and services by more than 10 percent after the emergency was declared.