The COVID-19 epidemic has led to panic buying, including the alarming image of empty shelves at local grocery stores and supermarkets. There has been a surging demand, and a corresponding depressed supply, for certain products including hand sanitizers, face masks, and toilet paper. This in turn has led to sharp increases in prices. Against this backdrop, the U.S. Attorney General and Attorneys General of states including California, New York and Washington have announced their intent to take action against unfair price gouging...
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