Liberal Democrat owner of Amazon (and the propaganda Washington Post) Jeff Bezoz has been caught with his hands in the cookie jar, price gouging people in Florida for things like bottled water ahead of Hurricane Irma. This is just what Democrats do. Bezos and Amazon aren’t calling it price gouging. Instead, they call it dynamic pricing or something.
| Democrat Jeff Bezoz Amazon caught price gouging ahead of Irma |
|---|
|
Hey @amazon & @PamBondi why is the Nestle bottled water $25 on Amazon Prime? Isn't that price gouging?
— JustinP (@realJustinTime3) September 4, 2017
Amazon (AMZN) may be in hot water with consumers over the price of water.
Some are reporting sharply higher prices for bottled water on Amazon as Hurricane Irma approaches Florida. Customers there were reporting packages of Nestle water selling for $25 on Amazon, yet prices for those in the Northeast showed a 24-case pack of Nestle water selling for $18.50.
Amazon said it doesn’t engage in surge pricing, and denied that bottled water prices have changed recently.
“We do not engage in surge pricing,” the spokeswoman said in a statement. “Amazon prices do not fluctuate by region or delivery location. Prices on bottled water from Amazon, and third-party sellers that are doing their own fulfillment to customers, have not widely fluctuated in the last month.”
It could be that customers are seeing the higher-priced items that remain in stock after lower-priced products sell out, however, rather than merchants boosting prices in response to the storm.
Amazon instead calls its price practices “dynamic pricing.” In this model, items that are in demand receive price tweaks, thanks to Amazon’s pricing algorithms. As demand spikes, prices go higher. The model also responds to pricing at other merchants.