Select your state

Consumers

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 Illinois, price gouging is regulated under the Illinois Consumer Fraud and Deceptive Business Practices Act. The law prohibits businesses from taking advantage of consumers by significantly increasing the prices of goods or services during a declared disaster or emergency. The Governor or the Attorney General can declare an official disaster, and during such times, price increases are closely monitored. The Attorney General's office has the authority to investigate complaints of price gouging and can take legal action against businesses that violate the law. Penalties for price gouging can include injunctions, civil penalties, and restitution to consumers. It's important for consumers to report suspected price gouging to the Illinois Attorney General's office to help enforce these regulations.

Legal Articles

State Statutes

Individual & Family Legal Plan

As a LegalFix member, you'll get expert legal services from a local law firm that treats you like an important client. Don't wait—be prepared for life's inevitable legal challenges starting today. And ask your employer, credit union, or membership group about preferred pricing opportunities.

Consumers

price gouging

Individual & Family Legal Plan

Articles

Illinois State Code

Consumers

price gouging

Illinois State Code

Articles