- 11-Nov-2024
- Consumer Court Law Guides
Price gouging occurs when sellers increase the prices of essential goods and services excessively during emergencies, exploiting consumers’ urgent needs. Recent public health emergencies have highlighted several instances of this unethical practice.
During the COVID-19 pandemic, a consumer trying to purchase hand sanitizer online encountered a listing for a single bottle priced at $75. This prompted the consumer to report the seller to the Federal Trade Commission (FTC), which had been actively monitoring and addressing price gouging practices during the crisis.
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