Issues State Of Emergency, Activating Price-Gouging Act
View Source | September 30, 2022 11:31 am
- Virginia Governor Glenn Youngkin has issued a state of emergency, triggering Virginia’s price-gouging laws ahead of heavy rain and gusty winds, remnants of Hurricane Ian, expected to hit Virginia beginning on Friday.
- “In addition to making smart decisions and keeping up with news developments during a statewide emergency declaration, Virginians must also support each other during this potentially hazardous time,” Attorney General Jason Miyares said in a Thursday press release.
- “Any violations of Virginia’s Anti-Price Gouging Act or exploitation of Virginians’ wallets will be thoroughly prosecuted through the Virginia Consumer Protection Act by my office. Bad actors will be held accountable.”
- “Enacted in 2004, Virginia’s Anti-Price Gouging Act prohibits a supplier from charging ‘unconscionable prices’ for ‘necessary goods and services’ during the thirty-day period following a declared state of emergency,” Miyares’ release explains.
- “The basic test for determining if a price is unconscionable is whether the post-disaster price grossly exceeds the price charged for the same or similar goods or services during the ten days immediately prior to the disaster.”
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