Understanding Price Gouging: What It Is and How to Avoid It
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Understanding Price Gouging: What It Is and How to Avoid It
In this video, we dive deep into the concept of price gouging, a practice that often surfaces during emergencies and crises. Learn about price gouging and how to avoid it in this informative video. Discover if raising prices during a pandemic was legal and what you could do to protect yourself from price gouging both in the past and in the ...
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PRICE GOUGING: When the governor declares a state of emergency, Attorney General Russell Coleman activates the price gouging hotline. Price gouging is defined as charging more than 10% above pre-emergency prices for certain products. "During rough weather like this, Kentuckians need to be focused on staying safe, staying warm," Coleman said. "Not fighting scammers, not the fact that prices have gone so high that they can't buy the basics, not being ripped off by those that are taking advantage o
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PRICE GOUGING: When the governor declares a state of emergency, Attorney General Russell Coleman activates the price gouging hotline. Price gouging is defined as charging more than 10% above pre-emergency prices for certain products. "During rough weather like this, Kentuckians need to be focused on staying safe, staying warm," Coleman said. "Not fighting scammers, not the fact that prices have gone so high that they can't buy the basics, not being ripped off by those that are taking advantage o
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