Amidst the onslaught of a lake effect snowstorm in Western New York, Attorney General Letitia James has issued a stern warning against price gouging of indispensable items. With a state of emergency in effect for multiple counties, James' office calls for vigilance from businesses and constituents alike. According to an alert posted on the New York Attorney General's website, New York law prohibits exorbitant pricing of key goods and services during exceptional market disruptions or emergencies.
"Charging excessive prices for essential goods and services during an emergency is illegal and puts consumers at risk," Attorney General James stated. As New Yorkers brace for treacherous weather conditions, the message is clear: access to fundamental supplies should not be hindered by inflated costs. James further encouraged the public to report any instances of price gouging to her office, as noted on the New York Attorney General's website. Emphasizing her stance, the Attorney General asserted that any retailer profiting at the expense of citizens during a crisis will face consequences.
The statute shields consumers from the inflationary tactics some businesses might employ concerning products crucial for health, safety, or welfare. It's a measure designed to protect the general public, encompassing essentials such as food, water, fuel, and lodging. The breadth of the statute means that vendors, retailers, and suppliers across New York State are accountable under these regulations.
In the event of suspected price gouging, New Yorkers are urged to document the specifics around these incidents when reporting them to the Office of the Attorney General (OAG). Details should include the inflated prices, dates, and locations witnessed, paired with any available sales receipts or photographs of listed prices. Potential breaches of this statute could result in hefty penalties, with fines reaching up to $25,000 per violation. Concerns about potential gouging can be directed to OAG through an online complaint form or by calling 800-771-7755, reaffirming the approach that preparedness and community watchfulness are paramount in safeguarding consumer interests.