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.
Read more: https://www.engadget.com/amazon-sellers-price-gouging-workaround-085620344.html?source=Snapzu