The New Transatlantic Attack on High Prices: Price Gouging

The COVID-19 outbreak has generated a surge of consumer complaints and governmental investigations about excessive pricing and price gouging. Anti-price gouging laws seek to prevent sellers from taking advantage of emergency-driven demand surges or supply shortfalls for necessities such as food and medical supplies. This article provides an overview of the legal environment and recent enforcement practice, and seeks to help transcontinental businesses understand the anti-price gouging framework