AG Announces Price Gouging Statute In Effect Statewide
OKLAHOMA CITY – Attorney General Mike Hunter last week announced the state’s price gouging statute is in effect statewide following Pres. Donald Trump’s emergency declaration regarding COVID-19, also known as the Coronavirus.
The price gouging statute, or the Emergency Price Stabilization Act, prohibits an increase of more than 10% for the price of goods or services after a declared emergency. The statute automatically triggers after the issuance of a state or federal emergency declaration.
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