11/29/2023 0 Comments Microsoft office price gougingThe rulemaking process will explore growing evidence that big corporations appear to have used the pandemic as an excuse to charge more for necessary goods, such as gas and oil, food, and cars. New York’s price gouging law bans companies from taking advantage of a crisis to charge excessive prices for vital and necessary goods and services. My office is prepared to use every tool in our toolbox to crack down on price gouging and pandemic profiteering.” “Throughout the pandemic, hardworking New Yorkers have been struggling to make ends meet, but big corporations have been celebrating record breaking profits. “The rising costs of essentials and basic household items has had a real impact on working families,” said Attorney General James. Through this process, Attorney General James aims to implement new price gouging rules that will crack down on pandemic profiteering and corporate greed. The first-ever price gouging rulemaking process by the Office of the Attorney General (OAG) will examine and address new evidence that some of the recent price hikes by big corporations were driven by profit not increased costs. NEW YORK – New York Attorney General Letitia James today launched a rulemaking process to look into whether major corporations are using the pandemic and inflation as an excuse to unfairly raise the price of basic goods. Major Corporations Continue to Raise Consumer PricesĪG James Seeks Public Comments to Inform New Price Gouging Rules ![]() ![]() OAG Starts First Price Gouging Rulemaking Process as
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