Amazon cracks down on listings and sellers using coronavirus to make a profit

Amazon is cracking down price gougers on its platform who are looking to make a profit from the coronavirus that is wreaking havoc across the globe. The tech giant has pulled more than 530,000 listings from the site and suspended over 2,500 US sellers. The firm announced on Friday it is working with state attorneys general to identify and prosecute third-party sellers who are taking advantage of fears of the spreading coronavirus to engage in price-gouging on the Amazon website. Amazon also said it has begun manual audits of products in its online stores to spot sellers that evade its automated systems, which check for items that are'unfairly priced.' Amazon is cracking down price gougers on its platform who are looking to make a profit from the coronavirus that is wreaking havoc across the globe.