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AG: Price gouging laws in effect ahead of Isaac

2 years ago August 26, 2012 Aug 26, 2012 Sunday, August 26 2012 Sunday, August 26, 2012 3:12:17 PM EDT in News
Source: La. Attorney General's Office

BATON ROUGE - Attorney General Buddy Caldwell said price gouging laws are now in effect, after Gov. Bobby Jindal declared a state of emergency ahead of tropical storm Isaac.

The state's price gouging statute locks commodity prices at pre-emergency levels unless there's a national or regional market shortage. Affected products and retailers include gas and other petroleum products, hotels, and motels among others.

The state of emergency lasts through Tuesday, Sept. 25 unless the governor ends it sooner. People who suspect price gouging is happening should contact the Attorney General's Office at 1-800-351-4889 as well as local law enforcement.

 

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