Index
New York Price Gouging Law (General Business Law § 396-r)
Summary
Prohibits excessive price increases for essential consumer goods and services during abnormal disruptions of the market, such as emergencies.
Rights & Rules
- 01.You have the right not to be charged unconscionably excessive prices for necessities during emergencies or market disruptions.
- 02.You have the right to report suspected price gouging to the Attorney General's office.
Penalties
- 01.Civil penalties up to $10,000 per violation.
- 02.Restitution to consumers who were overcharged.
- 03.Injunctions to prevent further price gouging.
Verified Citations
New York General Business Law § 396-r
Source"During any abnormal disruption of the market for consumer goods and services vital and necessary for the health, safety and welfare of consumers, no merchant shall sell or offer to sell any such consumer goods or services for an unconscionably excessive price."