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Bezos Doubles Wealth as Amazon Essential Product Prices Rise 1000% Amid Pandemic

The Most Revolutionary Act

A report by Public Citizen found that “Amazon is engaged in price gouging on products it sells directly” through its Amazon Essentials line, with products like facemasks and corn starch seeing elevenfold increases in price.

by Alan Macleod

A new report from advocacy group Public Citizen details how retail giant Amazon “misled the public, law enforcement, and policymakers about price increases during the pandemic,” raising their prices on essential products “to levels that would be considered violations of price gouging laws in many states.” The prices of many products in high demand during the pandemic jumped by over 1,000 percent when compared to this time last year.

As accusations of price gouging began, Amazon blamed “bad actors,” declaring in an official statement that, “there is no place for price gouging on Amazon,” committing itself to “working vigorously” to ensure fair pricing, and “collaborating with federal, state, and local law enforcement…

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