Thursday, June 3, 2021
Even as Governors lift mask mandates and sporting events welcome fans to stadiums, some states are revisiting their price gouging laws. Recently, several states have advanced legislation to amend or create price gouging statutes. State governments are learning from experiences during COVID-19 emergencies and some are proposing legislation to adjust the scope, definitions, and penalties for price gouging.
Nevada
Nevada does not currently have a price gouging statute. At the outset of the COVID-19 pandemic, the Governor issued an executive order directing law enforcement to “monitor and investigate” various business practices including coordinated pricing, fraud, or coercion. EO 2020-03-12, § 5. But, the state of emergency did not trigger specific pricing restrictions.