S 3839
Disaster and Emergency Pricing Abuse Prevention Act
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Bill overview
This bill, the Disaster and Emergency Pricing Abuse Prevention Act, aims to prevent businesses from unfairly raising prices on essential goods and services during natural disasters, pandemics, or states of emergency. It defines ‘unconscionably excessive price’ and empowers the Federal Trade Commission (FTC) to take action against price gouging. The bill also establishes a mechanism for the public to report suspected price gouging and clarifies the FTC’s enforcement authority.
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