In many states, like Florida, "price gouging" is illegal. The Florida statutes say, "It is illegal to charge unconscionable prices for goods or services...
www.freedomworks.org/publications/price-gouging www.freedomworks.org/publications/price-gouging
May 23, 2007 The US House of Representatives passed legislation Wednesday that would give the government the power to impose millions of dollars in fines...
www.usatoday.com/money/industries/energy/2007-05-23-ftc... www.usatoday.com/money/industries/energy/2007-05-23-ftc-gas-prices_N.htm
Is a $10 Bag of Ice Illegal?When it's price gouging, and when it's just really expensive. Not every state's price-gouging law details how much of an increase will make a markup illegal. The Florida law, which was passed in 1992 in response to massive gouging in the wake of Hurricane Andrew, forbids vendors from charging...
slate.msn.com/id/2105339/
The Virtues of “Price Gouging”; David W. Meyer1; Price gouging is a term that is often used, but difficult to define. A number of states have laws that make price gouging illegal, but even without such laws, some businesses might choose not to increase prices during an emergency for fear of a consumer backlash.
www.ftc.gov/be/meyergouging.pdf www.ftc.gov/be/meyergouging.pdf
Because of this emergency, price gouging laws are now in effect. To protect consumers, these laws make it illegal for individuals or businesses to charge exorbitant prices for essential goods and services. These include food, ice, lumber, Price Gouging is illegal in Florida - following a Declared State of Emergency!
www.800helpfla.com/price_gouging.html www.800helpfla.com/price_gouging.html
It set the price for the two medicines at about $500. Before the second acquisition, Indocin was priced at $36. "Ovation's profiteering on the backs of critically ill premature babies is not only immoral, it is illegal," FTC Commissioner Jon Leibowitz said in a statement issued separately from the lawsuit.
www.washingtonpost.com/wp-dyn/content/article/2008/12/1... www.washingtonpost.com/wp-dyn/content/article/2008/12/16/AR2008121602674.html
Mitchell bill would make gas price gouging illegal in Illinois. ... find Herald & Review (Decatur, IL) articles. Byline: Ron Ingram Sep.
www.highbeam.com/doc/1G1-136181009.html
Once the Federal Trade Commission figures out what price gouging is, it is authorized to impose fines of up to $150 million for wholesalers and $2 million for retailers. Besides these problems affecting the price of crude oil, there are also special, additional problems affecting the price of gasoline. One is the fact...
georgereisman.com/blog/2006/05/price-gouging-setting-re... georgereisman.com/blog/2006/05/price-gouging-setting-record-straight.html
disaster_2 (PDF File)
PRICE GOUGING IS ILLEGAL! Price gouging refers to the practice of charging excessively high prices for goods or services to take advantage of individuals affected by a declared disaster.
www.oag.state.tx.us/AG_Publications/pdfs/disaster.pdf
North Carolina Law Makes Price-Gouging after Natural Disaster Illegal. from Knight Ridder/Tribune Business News provided by Find Articles at BNET Under the provisions of the new law, price gouging during a declared disaster is an unfair trade...
findarticles.com/p/articles/mi_hb5553/is_200308/ai_n215... findarticles.com/p/articles/mi_hb5553/is_200308/ai_n21526842