Monday, July 22, 2024

Beware of Price Gouging Following Severe Weather

New York State officials have issued an alert warning businesses against price gouging of essential items as severe weather impacted communities throughout New York:
New York law prohibits businesses from taking unfair advantage of consumers by selling goods or services that are vital to health, safety, or welfare for an unconscionably excessive price during emergencies. The price gouging statute covers New York state vendors, retailers, and suppliers, and includes essential goods and services that are necessary for the health, safety, and welfare of consumers or the general public. These goods and services include food, water, gasoline, generators, batteries, flashlights, hotel lodging, and transportation options.

Price gouging violations can carry penalties of up to $25,000 per violation. New Yorkers should report potential concerns about price gouging by filing a complaint online or calling 800-771-7755.

When reporting price gouging, consumers should:

• Report the specific increased prices, dates, and places that they saw the increased prices; and,
• Provide copies of their sales receipts and photos of the advertised prices, if available.