jeffw@lemmy.worldM to News@lemmy.world · 3 months agoHarris to call for federal ban on price-gouging in Friday speechthehill.comexternal-linkmessage-square9fedilinkarrow-up1112arrow-down14
arrow-up1108arrow-down1external-linkHarris to call for federal ban on price-gouging in Friday speechthehill.comjeffw@lemmy.worldM to News@lemmy.world · 3 months agomessage-square9fedilink
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down2·3 months agoHow does one define price gouging? I ask because price caps often result in shortages.
minus-squarejeffw@lemmy.worldOPMlinkfedilinkarrow-up9arrow-down1·3 months agoPlenty of people got slapped with crimes during the pandemic for hoarding resources and charging insane prices. We never had price caps on toilet paper or hand sanitizer but we still punished bad actors
minus-squarebamboo@lemm.eelinkfedilinkarrow-up4arrow-down1·3 months agoAny references? Curious how they would do this with current law
minus-squarejeffw@lemmy.worldOPMlinkfedilinkarrow-up7arrow-down1·edit-23 months agohttps://www.americanbar.org/groups/government_public/publications/public-lawyer/2022-summer/the-federal-response-hoarding-and-price-gouging-during-covid19-pandemic/#:~:text=On March 23%2C 2020%2C President,of Health and Human Services. https://www.congress.gov/bill/117th-congress/house-bill/675
How does one define price gouging? I ask because price caps often result in shortages.
Plenty of people got slapped with crimes during the pandemic for hoarding resources and charging insane prices. We never had price caps on toilet paper or hand sanitizer but we still punished bad actors
Any references? Curious how they would do this with current law
https://www.americanbar.org/groups/government_public/publications/public-lawyer/2022-summer/the-federal-response-hoarding-and-price-gouging-during-covid19-pandemic/#:~:text=On March 23%2C 2020%2C President,of Health and Human Services.
https://www.congress.gov/bill/117th-congress/house-bill/675