Price Gouging Prevention Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The Price Gouging Prevention Act of 2025 aims to make it unlawful to sell goods or services at grossly excessive prices, particularly during times of exceptional market shocks like natural disasters or emergencies. The bill expands the Federal Trade Commission’s ability to pursue permanent injunctions and penalties, and requires companies to disclose pricing information in their SEC filings. It also includes provisions to adjust penalties annually and defines ‘unfair leverage’ for enforcement purposes.
Key provisions
- Makes it unlawful to sell goods or services at grossly excessive prices, regardless of supply chain position.
- Expands the FTC’s authority to seek permanent injunctions and equitable relief.
- Requires companies to disclose pricing changes in SEC filings, including sales volume, average prices, and gross margins.
- Defines ‘exceptional market shock’ to trigger heightened price gouging scrutiny.
- Establishes a process for adjusting penalty amounts annually based on inflation.
- Defines ‘unfair leverage’ based on factors like revenue, discrimination, and critical trading partner status.
- Allows State attorneys general to bring civil actions alongside the FTC.
- Requires covered issuers to provide detailed narrative disclosures of their pricing strategies.
Who is affected
- Businesses and retailers
- Consumers
- The Federal Trade Commission
Bill text
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