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12 maj 2022 · Prevention of price gouging. (a) In general.—It shall be unlawful for a person to sell or offer for sale a good or service at an unconscionably excessive price during an exceptional market shock, regardless of the person’s position in a supply chain or distribution network. (b) Affirmative defense.—.
- H.R.7688 - Consumer Fuel Price Gouging Prevention Act
Consumer Fuel Price Gouging Prevention Act. This bill...
- H.R.7688 - Consumer Fuel Price Gouging Prevention Act
6 maj 2022 · Consumer Fuel Price Gouging Prevention Act. This bill prohibits any person from selling, during a proclaimed energy emergency, a consumer fuel at a price that (1) is unconscionably excessive, and (2) indicates that the seller is exploiting the emergency to increase prices unreasonably.
11 lis 2024 · About the bill. Right now, federal law only prevents price gouging for a few items — should gas be one of them? Context. On March 8, President Joe Biden signed an executive order banning the import of Russian oil and gas, in response to the Russian military’s attempted invasion of Ukraine.
19 maj 2022 · WASHINGTON (AP) — A closely divided House approved legislation Thursday to crack down on alleged price gouging by oil companies and other energy producers as prices at the pump continue to soar.
11 lis 2024 · What the bill does. The Gas Price Gouging Prevention Act would ban price gouging of gasoline “during a period of an international crisis affecting the oil markets,” for which the current Russia/Ukraine situation would certainly qualify.
The bill would create a rebuttable presumption of price gouging against firms that exercise unfair leverage and companies that brag about increasing prices during periods of inflation. Require public companies to clearly disclose costs and pricing strategies.
The Consumer Fuel Price Gouging Prevention Act will help lower costs for consumers at the gas pump by putting an end to price gouging , penalizing market manipulators , and bringing more transparency to the secretive oil and gas market. • The legislation , which would be the first -ever federal law against price go uging, would:
