DCP: Profiteering

Profiteering

 

State law prohibits any person, firm or corporation from profiteering -- that is, increasing the retail price of its items during a major disaster, until the disaster has been declared over. The same holds true in the event of a statewide or regional shortage of a product or service, if the Governor proclaims a supply emergency.

 

For example, raising the price of gasoline, food, or water during a declared state of emergency is illegal. However, the law does not prohibit price fluctuation as part of the normal course of business. 

 

Anyone who suspects that a business is engaging in profiteering may file a written complaint  with the Department of Consumer Protection.

 

 

Relevant Statute: Title 42, Chapter 743

 

 



Content Last Modified on 3/13/2017 4:11:20 PM