Saturday, August 17, 2024

Laws against price gouging already exist

Laws against price gouging already exist

Article Excerpt: "...42 states have emergency regulations or price-gouging statutes Price-gouging is often defined in terms of the three criteria...In a 2012 survey of leading American economists by the Initiative on Global Markets, only 8 percent agreed with a proposal to prohibit "unconscionably excessive" price gouging"



Resource: wikipedia.org

Laws against price gouging already exist