Price gouging law in effect, says AG Cooper
Release date: 1/28/2014
Watch out for rip offs as winter storm hits NC
Raleigh: North Carolina’s strong price gouging law is in effect because a state of emergency has been declared due to a winter storm, Attorney General Roy Cooper notified businesses and consumers today.
“It’s wrong to use a crisis as an excuse to make an unfair buck,” said Cooper. “Most businesses pull together to help their community when bad weather hits, but if someone is using this storm to try to rip you off, we want to know about it.”
Price gouging—or charging too much in times of crisis—is against North Carolina law when a disaster, an emergency or an abnormal market disruption for critical goods and services is declared or proclaimed by the Governor. The law also applies to all levels of the supply chain from the manufacturer to the distributor to the retailer.
The state of emergency declared today applies to all of North Carolina and is in effect until rescinded.
Cooper has enforced North Carolina’s price gouging law (NC General Statute 75-38) in the past to win thousands of dollars in refunds for consumers and penalties from violators.
Consumers can report potential price gouging to the Attorney General’s Consumer Protection Division. Call 1-877-5-NO-SCAM toll-free within North Carolina or file a price gouging complaint at www.ncdoj.gov.
Contact: Noelle Talley