Tagged: Price gouging

The Risk of “Price Gouging” in the New COVID-19 Pandemic Marketplace

The Risk of “Price Gouging” in the New COVID-19 Pandemic Marketplace

The COVID-19 pandemic era has transformed the economy  with a new emphasis on health and safety related products (e.g., sanitizers, toilet paper, designated medical supplies).  Our economy has suffered severe disruptions to demand and supply of goods and services.  In this new economy, businesses face extraordinary risks of federal and state prosecution for price gouging. The federal price gouging law applies narrowly to critical items...