So I found this article today about price gouging on Amazon.
$100 for a pack of water? Ahead of Irma, it's a reality on Amazon.
For those of you who don't know, the strongest recorded hurricane in the Atlantic is set to hit Florida this Sunday and has already destroyed several small Caribbean islands.
Tuesday I tried to find some bottled water but couldn't find any stores that had any left. It's a madhouse here. I thought I'd check out Amazon. At the time, cases were selling for $30+ for what's normally a $3 gas station case.
Let's talk about ethics first. If you're trying to profit off of a natural disaster, you're a special kind of dirtbag. There are plenty of ways to make money, charging $100 for water is not one of them.
Second, let's talk about price gouging laws. People outside of hurricane zones may not know this, but raising prices of essentials like food, gasoline, water, and supplies during an emergency is very illegal. And the state of Florida takes it very seriously. I heard on the news this morning that State Attorney General Pam Bondi is already contacting Amazon to figure this stuff out.
Things like this are what gives capitalism a bad name.
To everyone in Florida and the southeast, good luck and stay safe this weekend.
$100 for a pack of water? Ahead of Irma, it's a reality on Amazon.
For those of you who don't know, the strongest recorded hurricane in the Atlantic is set to hit Florida this Sunday and has already destroyed several small Caribbean islands.
Tuesday I tried to find some bottled water but couldn't find any stores that had any left. It's a madhouse here. I thought I'd check out Amazon. At the time, cases were selling for $30+ for what's normally a $3 gas station case.
Let's talk about ethics first. If you're trying to profit off of a natural disaster, you're a special kind of dirtbag. There are plenty of ways to make money, charging $100 for water is not one of them.
Second, let's talk about price gouging laws. People outside of hurricane zones may not know this, but raising prices of essentials like food, gasoline, water, and supplies during an emergency is very illegal. And the state of Florida takes it very seriously. I heard on the news this morning that State Attorney General Pam Bondi is already contacting Amazon to figure this stuff out.
Things like this are what gives capitalism a bad name.
To everyone in Florida and the southeast, good luck and stay safe this weekend.
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