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Price gouging enforcement and litigation is front and center for company counsel and business managers nationwide. Our weekly round up highlights some of the most relevant news and information for our clients and friends.
In a recent interview with North County Public Radio, New York Attorney General Letitia James discussed her office’s efforts to stop pandemic-related price gouging. Attorney General James stated that “[i]nitially in the beginning of this pandemic, we saw price gouging of essential items, hand sanitizers and masks and things of that sort. And then we saw it transition [to] price gouging of food, primarily eggs and meat.” However, Attorney General James stressed that as small businesses are the lifeblood of the economy, her office “will always approach a small business with a reported problem to ensure that we can work it out and we can reach some sort of agreement.”