New York A00094 amends the general business law to impose criminal penalties for price gouging during market disruptions.
New York A00094 amends the general business law to prohibit excessive pricing during market disruptions. It removes the need for a state of emergency declaration to enforce the law. The bill increases civil penalties and authorizes district attorneys to enforce the provisions. It defines "goods and services" broadly to include consumer goods, essential medical supplies, and other necessities. The bill also allows courts to determine if a price is unconscionably excessive based on factors like extreme excess or unfair leverage.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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