Prohibits wholesale dealers from price gouging sale of physical goods.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill prohibits wholesale dealers in New Jersey from engaging in ‘price gouging’ when selling physical goods like beverages, foodstuffs, or medical supplies. ‘Price gouging’ is defined as raising prices unconscionably beyond what’s justified by market conditions. The bill aims to protect consumers and small businesses from unfair pricing practices. Violations can result in monetary penalties and cease-and-desist orders.
Bill text
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Document of record
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Sponsors
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1 on record
Primary sponsor
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