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U.S.: Reports of inflated prices on essentials spike in Sandy’s wake

 |  November 6, 2012

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

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