ARN News Centre

Amazon MENA says it’s tackling price gouging

Thursday, 30 April 2020 10:37

The boss of Amazon MENA says the company is against price gouging, and is taking steps to stop it.

Ronaldo Mouchawar has told Dubai Eye 103.8’s Dubai Eye on One that thousands of listings with high prices have been taken off the e-commerce site. He explains how the company has been doing this.

He also told the programme about the items that have been subject to price gouging.

Amazon has seen a big surge in items and sales during the pandemic, and Mouchawar says this period has been transformational for business.

He added that there was definitely a change in people’s retail habits as they stayed home and their needs changed.

More from Business

UAE-Russia services and investment agreement takes effect

An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.
UAE backs closer tourism cooperation at BRICS meeting

The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.
Abu Dhabi DoE expands tech partnerships during US visit

A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.
US, Canada fail to reach a tariff deal, deepen trade war

The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.
Hudayriyat Island tops Abu Dhabi property sales

Hudayriyat Island has topped Abu Dhabi’s real estate market in sales value for a second consecutive quarter.