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The Bunker

PRICE GOUGING – Who’s cashing in on COVID?

The Bunker

Podmasters

News, Politics, Society & Culture, Government

4.6984 Ratings

🗓️ 26 May 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

Coronavirus has provided a golden opportunity for unscrupulous online and offline retailers to jack up their prices on essential goods. Who are the worst culprits for COVID price gouging? Who are the victims? And what should government be doing to stop them? ADAM FRENCH, Senior Consumer Rights Editor at the consumer advocate Which?, talks to Andrew Harrison about pandemic profiteering. Audio production by Alex Rees. The Bunker is a Podmasters Production. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved

0:05.5

photography but I turn it into earning a living at 60. I enrolled on a day course.

0:11.8

Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?

0:13.0

I loved going to college.

0:14.0

It's good you can retrain and do something.

0:16.0

Yeah, yeah.

0:17.0

Let's talk about working, learning, saving and making the most of living longer.

0:22.0

Phoenix Group is the UK's largest long-term savings and retirement business.

0:28.0

Search Phoenix Group living longer.

0:30.0

Pets brings so much joy.

0:32.0

From those happy greetings at the door to the warm cuddles on the sofa

0:36.7

so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so

0:55.3

look after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome to another bunker daily I'm Andrew Harrison.

1:11.6

So what's a fair price for a bottle of disinfectant during the lockdown?

1:15.8

Is it three pounds or 29 pound 99? How about hand sanitizer at five or ten times the

1:22.3

regular price or three bottles of

1:24.1

debtor for 45 pounds instead of 7 pound 50. These are all examples of

1:28.4

online price gouging detected by the Consumer Watchdog Witch. They seem to indicate that if you're going to talk about a wartime economy,

1:35.2

you've got to expect to get spivs as well.

1:37.6

Which has launched an online tool to report price gouging on coronavirus essentials,

1:42.2

which have left many key workers and

1:43.6

charities without the products that they need, which has found widespread

...

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