With Rapid Antigen Tests (RATs) both in high demand and rare as hen’s teeth, you’ve probably run into a few “enterprising” businesses charging way more than they’re worth.
According to the Australian Competition and Consumer Commission (ACCC), you’re not alone – the consumer watchdog has been keeping an eye on the prices being charged (and often overcharged) for the precious RATs, with chair Rod Sims saying an average of 150 reports are coming in per day. While a few weeks ago, tests were readily available at as little as $10 each, customers are now seeing prices rocket past $20 for a single test.
“Any test costing more than $30, even with supply constraints, is almost certainly too expensive and would seem to be taking advantage of the current circumstances.
“At the extreme end, we have received reports or seen media coverage of tests costing up to $500 for two tests through online marketplaces, and over $70 per test through convenience stores, service stations and independent supermarkets, which is clearly outrageous,” said Mr Sims.
The ACCC is hoping to crack down on blatant price gouging for tests, and hopes prices will drop once more supply becomes available – but in the meantime, if you’re being robbed at the checkout for a RAT, be sure to let them know.