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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 Oregon, price gouging is addressed under the Unlawful Trade Practices Act. The state does not have a specific statute that defines price gouging, but the Oregon Department of Justice can investigate complaints of price gouging, especially during a declared emergency. When a state of emergency is declared by the Governor, the Attorney General is empowered to enforce laws against unfair pricing. This typically involves situations where prices are raised significantly, taking advantage of the emergency to charge excessively for essential goods or services. Consumers who believe they have been subjected to price gouging are encouraged to file a complaint with the Oregon Department of Justice. It's important to note that what constitutes a 'fair or reasonable' price increase can be subjective and may depend on the context of the situation, including the cost to the retailer and other market dynamics.

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Consumers

price gouging

As a LegalFix Member You Will Be an Important Client of Local Law Firms

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Oregon State Code

Oregon State Code

Consumers

price gouging

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