Amazon sellers use 'collectible' label to dodge price gouging rules
Amazon’s measures to prevent price gouging have a relatively simple workaround. The Verge has learned that some third-party sellers are marking products as “collectible” to evade Amazon’s automated price controls. The internet retailer reportedly has price ceilings that normally kick in when a product is listed as “new,” but that ceiling apparently doesn’t kick in with collectible items. There also isn’t much transparency regarding those ceilings, either.
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