How much would you pay for a COVID-19 rapid antigen test in Australia?
The chair of the ACCC (Australian Competition and Consumer Commission) says that, in
most cases, we shouldn't be paying more than about $20 for one—but it's been reported
that some stores, particularly in NSW, are marking them up to as much as $70 each.
Wholesale costs for RATs range from $3.95 and $11.45 per test. The ACCC is now referring
some reports of significant price hikes to the Australian Federal Police (= FBI). Almost half
of the retailers reported to the ACCC were pharmacies (=drug stores). The ACCC's chair says
businesses found to be selling tests for "excessive prices" can be fined up to $10 million and
individuals face fines of up to $500,000.
I bought a 5-pack of these RATs for $50...
![[Image: b2d440d0e14b79fb996b0605975d1f90]](https://content.api.news/v3/images/bin/b2d440d0e14b79fb996b0605975d1f90)
—I'm assuming similar price-gouging is occurring in the US?
Rapid at-home Covid-19 tests are flying off US store shelves, but at $10 or $15 a test, the price
is "still far too high" for regular use by anyone but the wealthy, according to NBC News Digital.
Lemme get this straight then... a McDonald's Quarter Pounder Deluxe is $6.39, but at $10 for a
RAT, they're considered out of reach for the average American? How does that work?
The chair of the ACCC (Australian Competition and Consumer Commission) says that, in
most cases, we shouldn't be paying more than about $20 for one—but it's been reported
that some stores, particularly in NSW, are marking them up to as much as $70 each.
Wholesale costs for RATs range from $3.95 and $11.45 per test. The ACCC is now referring
some reports of significant price hikes to the Australian Federal Police (= FBI). Almost half
of the retailers reported to the ACCC were pharmacies (=drug stores). The ACCC's chair says
businesses found to be selling tests for "excessive prices" can be fined up to $10 million and
individuals face fines of up to $500,000.
I bought a 5-pack of these RATs for $50...
—I'm assuming similar price-gouging is occurring in the US?
Rapid at-home Covid-19 tests are flying off US store shelves, but at $10 or $15 a test, the price
is "still far too high" for regular use by anyone but the wealthy, according to NBC News Digital.
Lemme get this straight then... a McDonald's Quarter Pounder Deluxe is $6.39, but at $10 for a
RAT, they're considered out of reach for the average American? How does that work?
I'm a creationist; I believe that man created God.
