New Jersey has been actively enforcing its price gouging law almost since the start of the COVID-19 pandemic in March. As the state of emergency continues, Deputy Attorneys General (DAGs) appear to be expanding the ambit of...more
Price gouging was once thought of as a tool used only by the state attorney general to protect consumers from fraud during times of emergency.
But with the formation of the COVID-19 Hoarding and Price Gouging Task Force...more
Prices ordinarily fluctuate on the basis of supply and demand. But during a governmentally declared state of emergency, so-called “price gouging” laws can take effect, imposing controls on price increases for a variety of...more
Within two weeks of the declared state of emergency, NJ Attorney General Gurbir Grewal said the state had received about 1,500 consumer complaints of price gouging involving about 1,000 business locations. These led to more...more