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Italy Probes Amazon, eBay Over Price Hikes Over Coronavirus

By  |  March 12, 2020

Italy’s antitrust watchdog said on Thursday it was investigating e-commerce giants Amazon and eBay for an allegedly excessive rise in the price of products such as hand sanitizer during the coronavirus crisis.

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    Italy is the country hardest hit by the virus in Europe with more than 1,000 deaths and a nationwide lockdown. The antitrust authority said in statement it had opened a probe into the two companies’ subsidiaries in Italy and in Europe in relation to an unwarranted spike in prices of items such as disinfectant gel and protective masks.

    It said it would also investigate allegations of misleading advertisements for some items put up for sale on the e-commerce platforms where they were described as being effective against the coronavirus.

    Full Content: Reuters

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