3M Combats Coronavirus Price GougingApril 1, 2020
3M recently reiterated the company’s commitment to combating price gouging, fraud, and counterfeit activity in connection with its products, specifically in reaction to the coronavirus outbreak.
3M has instituted a hotline to call for information on how to help identify authentic 3M products and to ensure products are from authorized distributors. The company also published current single-case list prices for many of the most common 3M N95 respirator models sold in the United States on its website.
“3M is working to protect the public from counterfeiting and price-gouging on critical healthcare supplies, including the respirators and masks that are essential to our country’s healthcare personnel,” said Mike Roman, 3M CEO. “3M will take decisive action against those seeking to take illegal and unethical advantage of the COVID-19 outbreak. We are working with law enforcement authorities around the world on this matter, including federal, state, and local authorities in the U.S.”
With global sales of US$33 billion, 3M is a leading producer of thousands of products ranging from chemicals, filtration systems, and safety and protection equipment to office, graphics, and health care equipment. For more information, visit www.3m.com.