Coronavirus cash-in! eBay sellers build up cost of hand gels by up to five ,000% with 49p Lidl sanitiser sold for £29.99 - despite watchdog warning it'll distribute fines for price-hikes amid outbreakthe worth of hand sanitiser products has shot abreast of online market place eBay
Opportunist sellers cashing in on the fears surrounding the coronavirus
This morning one seller listed a hand gel for £99 with a reserve price of £499
Online market place sellers looking to take advantage on the coronavirus outbreak within the UK are selling hand sanitiser products for quite 5000 per cent their recommended retail price.
Own brand products from retailers like Lidl and Asda are being listed for an enormous price on eBay.
It comes because the competition watchdog warned firms might be fined if they hiked the costs of such products to require advantage of the coronavirus outbreak.
eBay users listing Lidl's own brand hand sanister, Cien Antibacterial Hand Gel (50ml), which usually costs 49p were selling it for £29.99 a 5000 per cent increase.
This morning one seller had also listed an equivalent gel for £99 - but was offering free delivery for the merchandise , that also had a reserve price of £499.
Cien Anti-Bacterial Hand Sanitiser
Cien Anti-Bacterial Hand Sanitiser (left) is typically 49p and is being sold for £24.99. Superdrug burn plant Antibacterial Hand Sanitiser Gel (right) is typically 61p and is being sold for £9.99
A search by MailOnline this morning revealed that one seller had listed a hand gel for £99 with a reserve of £499
Medex Hand Sanitiser from Savers is typically 99p and is being sold for £25.99 (pictured above)
The research, conducted by Liberty Marketing also revealed that those sellers listing Tesco's own sanitisers were still making a 1100 per cent profit.
The Tesco Health Antibacterial Hand Gel (50ml) usually sells at 75p future but was listed on eBay for £9.
Other supermarkets like Asda were also having its products sold online. Its 59p product was listed at £22.99, while Savers' 99p offering was listed for £25.99.
Boots hand sanitiser, originally £1 was listed for £19.99 and Superdrug's 61p offering was £9.99.
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