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, Ecuador announce CEPA agreement signing

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and President of Ecuador Daniel Noboa have announced the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the two nations on Sunday.
DFSA announces closure of Nasdaq Dubai exchange

The Dubai Financial Services Authority (DFSA), has announced the temporary closure of Nasdaq Dubai exchange on Monday, March 2, and Tuesday, March 3, due to the ongoing regional developments.
UAE capital markets to remain closed until further notice

The UAE Capital Market Authority has announced that the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will be closed from Monday, 2 March 2026, until further notice.
Abu Dhabi to cover costs of extended hotel stays after missile strikes

Abu Dhabi's Department of Culture and Tourism has issued an official circular to hotel managers across the emirate instructing them to extend the stays of guests who are unable to depart due to travel disruptions following missile and drone attacks from Iran.