WebGeneral Business Law § 396-r(2) specifies that an "abnormal disruption of the market" for a good occurs when there is "any change in the market, whether actual or imminently threatened, resulting from stress of weather, convulsion of nature, failure or shortage of electric power or other source of energy, strike, civil disorder, war, military ... WebAug 5, 2015 · New York State’s Price Gouging Law (General Business Law § 396-r) prohibits merchants from taking unfair advantage of consumers by selling goods or services for an “unconscionably excessive price” during an “abnormal disruption of the market.” The price gouging law covers New York State vendors, retailers and suppliers, including but ...
A.G. Schneiderman Warns Against Price Gouging During Winter …
WebJun 9, 2024 · On Saturday, June 6, 2024, Governor Andrew Cuomo signed a law that amended Section 396-r of the General Business Law, entitled “Price gouging”. The original price-gouging law was enacted to punish businesses from substantially increasing the cost to consumers for essential household items during an “abnormal disruption of the market ... WebMar 13, 2024 · New York State’s Price Gouging Law (General Business Law § 396-r) prohibits merchants from taking unfair advantage of consumers by selling goods or services for an “unconscionably excessive price” during an “abnormal disruption of the market.” The price gouging law covers New York State vendors, retailers and suppliers, including but ... siemens logistics jobs
Price Gouging State Statutes
WebNov 18, 2014 · New York State’s Price Gouging Law (General Business Law § 396-r) prohibits merchants from taking unfair advantage of consumers by selling goods or services for an “unconscionably excessive price” during an “abnormal disruption of the market.” The price gouging law covers New York State vendors, retailers and suppliers, including but ... WebMar 7, 2024 · Rules under NY General Business Law 396 r unlawful to sell goods services for health, safety and welfare of consumers general public at unconscionably excessive … WebDec 16, 2024 · Under New York Consolidated Laws, General Business Law Section 396-R, “charging grossly excessive prices for essential goods and services” during “abnormal … paris sg vs rennes predictions