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price gouging

Price gouging occurs when retailers or other sellers take advantage of the increased demand and insufficient supply of goods and services—often commodities and basic necessities—following a natural disaster, war, civil unrest, or other event, and increase prices beyond a fair or reasonable amount.

In Connecticut, price gouging is regulated under the Connecticut Unfair Trade Practices Act (CUTPA). The state law prohibits sellers from engaging in unfair or deceptive acts or practices in the conduct of any trade or commerce. Specifically, during a declared state of emergency or a public health emergency, it is considered an unfair or deceptive practice to increase the price of an item or service to a level that is excessively higher than the usual price prior to the emergency. This applies to essential goods and services such as food, water, gasoline, and medical supplies. The Connecticut Department of Consumer Protection is responsible for investigating complaints of price gouging, and violators may face penalties including fines and restitution to consumers. It is important for consumers to report suspected price gouging to the state authorities to ensure enforcement of these regulations.
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