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TruckFump

(5,812 posts)
Sun Mar 22, 2020, 06:53 PM Mar 2020

Price-gouging: LA (Los Angeles) officials crack down amid coronavirus pandemic

City Attorney Mike Feuer told Eyewitness News his office is checking online sellers and visiting stores to make sure they don't raise prices on high-demand items like hand sanitizer and bleach.

...

"No retailer, no seller can sell a good, service, medical supplies and so forth for more than 10% more than they sold the item before the emergency," Feuer said via a Skype interview.

"We're seeing numbers much higher than that."

For example, he said, his office staff found and purchased two 1-liter containers of hand sanitizer for $140 and eight half-gallons of bleach for $100.

Sellers who violate the law can face a range of criminal and civil penalties, including a year in jail, a $10,000 fine and restitution to consumers.

https://abc7.com/business/la-officials-cracking-down-on-price-gouging-amid-covid-19/6037224/

Good. The hoarding and price gouging conduct by some is way out of line.

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