In the aftermath of Hurricane Sandy, disaster-stricken New York City has reportedly faced a decrease in crime. Crime complaints have increased, however, for criminal activity often seen in the wake of a natural disaster, such as looting. Now, reports are suggesting that price-gouging has also increased. The state’s Attorney General Eric Schneiderman announced Monday that his office will investigate the hundreds of complaints filed against a wide range of businesses, including sellers of food, water, gas and hotel rooms, accusing those businesses of inflating prices and taking advantage of their competition crippled by the hurricane. While AG Schneiderman declined to say specifics, it was reported that complaints came from New York City, the Hudson Valley and Long Island.
Full Content: Law360
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI