The Man Who Hoarded 17,000 Bottles of Sanitizer Did Nothing Wrong ― And That’s the Problem
…tivities: people like him who make their living buying and reselling goods online refer to it as “retail arbitrage,” just a wrinkle on the term for buying and selling assets that drives Wall Street hedge funds. And just like arbitrageurs everywhere, Colvin says his business works by “fixing ‘inefficiencies in the marketplace.’” That is, prices for something like hand sanitizer are set inefficiently when it’s sold through the local supermarket or T…
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