President Trump signed an executive order Monday to crack down on retailers hiking prices on essential items in the fight against the coronavirus pandemic, including masks and ventilators.
“We have some people hoarding. We want to prevent price gouging and critical resources are going to be protected in every form,” Mr. Trump said at a press conference Monday.
The order targets price gouging on N95 masks, which are critical to protect health workers from being infected with the virus. Prices for the masks were fetching more than $1,000 on online retail stores.
Ebay ultimately banned their sales of such masks to crack down on price gouging.
