Proskauer on Price Gouging: A Coast-to-Coast Reference Guide - July 2020

What’s New in Version 2 -

To help businesses navigate state price gouging statutes, we have updated this guide with revised content addressing new developments in state price gouging laws and emergency measures currently in effect. Additionally, the Guide includes new reference maps on State Price Gouging Thresholds, States with Active Attorney Generals, and States that Provide a Defense or Exception for Increased Costs. The Guide also includes new helpful reference tables on Durations of Price Gouging Restrictions Presently in Effect and Statute of Limitations for Price Gouging Laws.

Many businesses that did not initially consider themselves to be at risk of violating price gouging statutes now face significant risk. This can impose constraints on necessary business decisions about prices. Recent developments and an increased focus on price gouging have led to the application of price gouging statutes to businesses further up the supply chain, and to legitimate processes for changing prices on an annual basis. The Guide is intended to assist companies in identifying and navigating these new issues.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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