eBay — Massive multi-state China virus supply price gouging scam
Whenever eBay makes a statement you can rest assured that in reality the complete opposite is true.
While eBay has been claiming it is against price gouging, eBay has been engaged in price gouging.
Lets examine one example.
The third largest home improvement chain in America has been offering 8 ounce or 12 ounce bottles of hand sanitizer for $2.99, with a $2.99 rebate. The rebate is mailed to you as a postcard that you then can use to purchase items from the store - effectively a merchandise credit check. Thus, your only cost would be the sales tax, unless you used previous rebates to pay for your purchase in which case there would be no sales tax.
I purchased 100 8 ounce bottles at $299.00 and paid $20.93 in sales tax. I later received a rebate of $299.00 that I can use for future purchases. The net cost was $20.93 + $.10 in lost interest + my time.
I wanted to offer these 100 bottles of hand sanitizer on eBay as a free local pickup as they could not be shipped without a special permit. The price would cover the $20.93 sales tax; $.10 lost interest; eBay fees; PayPal fees on the price of the item and sales tax; and a couple dollars for my labor of picking the items up, filling out the rebate and waiting for someone to pick them up. I make a grand total of $4.70 at a sales price of $29.95 for the whole. This would be a great benefit for any buyers unable to outlay the initial $319.93 for the purchase and wait for the rebate.
I was barred from listing the item on eBay. I was told that the item could not be listed due to price gouging. I was told that eBay was working only with a group of select partners to avoid price gouging.
The next lowest priced hand sanitizer on eBay with free local pickup was at least 4 1/2 times the cost. The lowest with free shipping was nearly 8 times the cost.
eBay customer service gave me the typical copy and paste reply of how they are activity patrolling eBay for price gouging. Another lie as a quick search resulted in thousands of similar products, all of which were engaged in price gouging.
Considering that the third largest home improvement chain has been offering hand sanitizer for free for months clearly indicates eBay and its vendors are engaged in price gouging.
eBay's nudge-nudge wink-wink price gouging is a prime example of why you should believe a single word eBay says.
In the end I went with plan B and donated to a local charity.