New Bill Passes Legislature Strengthening Attorney General James' Price Gouging Authority

Posted to Applied Web NY on Wed, 05/27/2020 - 16:45

NEW YORK – New York Attorney General Letitia James today applauded the State Senate and Assembly for passing legislation that will substantially strengthen New York State’s price gouging statute to prevent excessive price increases on essential goods and services, as the state continues to battle the coronavirus disease (COVID-19). The bill (S.8189/A.10270) expands protections against price gouging beyond consumer goods to include any products or services that are vital or necessary to the health, safety, and welfare of consumers or the general public. This change will ensure that the law protects a broader scope of products and services — including medical supplies and equipment, such as ventilators — which are critically needed during the current public health crisis. The legislation will also extend protections to small businesses, hospitals and other health care providers, and even the State of New York, as they purchase products or services for the benefit of the public.

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