Price gouging law goes into effect

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Posted: Jul 23, 2010 1:59 PM by Brian Waldrep
Updated: Jul 23, 2010 2:42 PM
Source: State Attorney General's Office

  Rating: 5.0 (1 vote)

Topics: Price, Gouging, Law

Price gouging laws have been placed into effect due to Tropical Storm Bonnie.

Price gouging is when a business sells merchandise much higher than is fair during a civil emergency. The law prohibits the raising of prices above the pre-emergency levels, unless there is a shortage.

Gasoline and rooms at hotels are among the items included in the price gouging law.

If you suspect price gouging, please contact the Louisiana Attorney General's Office at 800-351-4889.

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