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Laws and regulations in the United Kingdom do not use the phrase “price gouging” in consumer protection regulation but are similar to U.S. laws. [citation needed] Chapter II of the UK Competition Act 1998 prohibits businesses with market dominance from engaging in "abusive" conduct, including "unfair" pricing. [25]
The only existing federal law against price gouging is aimed at preventing profiteering during wartime or other national emergencies. The law bans hoarding designated scarce items for resale at ...
The lawmakers said a federal price gouging law carried out by the FTC would “strengthen and standardize state-level efforts to combat price gouging.” “Price gouging laws differ across states ...
Several states already restrict price gouging, but there is no federal-level ban. ... such as price-fixing laws that bar companies from agreeing to not compete against each other and set higher ...
A potential federal ban on price gouging by groceries would have many state-level models to borrow from. Former President Donald Trump has blasted his rival’s call for a federal ban on food ...
Research from the San Francisco Federal Reserve suggests alleged corporate price gouging was not a primary catalyst for the inflation surge that began in 2021, while progressive-leaning think ...
A federal price gouging prohibition would provide critical partnership to state enforcement and protect consumers and small businesses alike,” read the letter, led by New York Attorney General ...
A study from 2007 suggested that if a federal price gouging law had been in place on gasoline sales after hurricanes Katrina and Rita in 2005, the economic damage would have been greater because ...