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2 mar 2023 · New York’s price gouging law bans companies throughout the supply chain from taking advantage of a market disruption to increase their profits for vital and necessary goods and services.
Our AG team explains proposed rules for businesses to avoid potential price gouging violations in New York during a declared state of emergency.
3 kwi 2023 · 10% Price Increase Limit – There are two ways to establish prima facie proof of price-gouging under New York law: (1) a gross disparity between the price at which a good or service was sold and the historic price at which the good or services were sold prior to the market disruption; or (2) a price grossly exceeding the price at which the s...
4 mar 2022 · The Advance Notice of Proposed Rulemaking (ANPR) outlines the evidence that some of the price increases for vital and necessary goods may violate New York law and lays out the incentive structures that can lead to price gouging.
3 mar 2023 · The proposed rules include actions to: Clarify that a price increase over 10 percent during an abnormal market disruption may constitute price gouging. State law asserts that when there is a “gross disparity” in prices before and after an abnormal market disruption, it may be price gouging.
The guide provides an overview of price gouging regulatory enforcement in the European Union, France, Germany, People’s Republic of China, United Kingdom, and the United States.
21 wrz 2020 · The COVID-19 crisis has cast new light on excessive pricing practices in Europe, our team explains the impact the pandemic has had on enforcement activity and suggest practical ways that businesses can protect themselves from price gouging practices.
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