Amazon says it’s working hard on preventing price gouging and reports having removed nearly 4,000 accounts from the marketplace. “Sellers set their own product prices in our store and we have policies to help ensure sellers are pricing their products competitively,” an Amazon spokesperson told The Markup in an email. “We actively monitor our store and remove offers that violate our policies. We have implemented additional measures to keep prices low and our global teams are working 24/7 to monitor prices in our store.”

Source: Why Am I Paying $60 for That Bag of Rice on Amazon.com?