Gouge

Quality King and CEO Glenn Nussdorf Cleared of Price Gouging Charges

Retrieved on: 
Wednesday, September 23, 2020

The court absolvedGlenn NussdorfandQuality Kingof any wrongdoing, concluding that the parties did not violate the price gouging statute.

Key Points: 
  • The court absolvedGlenn NussdorfandQuality Kingof any wrongdoing, concluding that the parties did not violate the price gouging statute.
  • Ruling from the bench, Judge Rakower stated "I do not find Quality King unconscionably raised its prices."
  • Moreover, the court found that the Attorney General had not provided any evidence to support its allegation thatGlenn Nussdorfhad violated the price gouging statute.
  • Glenn Nussdorfcomments, "On behalf ofQuality King Distributors, we are grateful to the court for its thorough analysis, pleased that our positions have been vindicated and our names have been cleared.

Shook Launches Price Gouging Enforcement Digital Maps

Retrieved on: 
Wednesday, August 19, 2020

SAN FRANCISCO, Aug. 19, 2020 /PRNewswire/ --Shook, Hardy & Bacon has released a series of digital maps to guide businesses on the myriad state laws regarding alleged price gouging.

Key Points: 
  • SAN FRANCISCO, Aug. 19, 2020 /PRNewswire/ --Shook, Hardy & Bacon has released a series of digital maps to guide businesses on the myriad state laws regarding alleged price gouging.
  • The maps help businesses during these trying times as prosecutors have announced investigations and enforcement actions for alleged price gouging and plaintiffs have brought price gouging suits against a wide variety of businesses.
  • "These maps provide an important nationwide resource that details which products are covered, potential defenses to price gouging allegations and where a private right of action is available."
  • Recognizing that businesses also may find themselves to be victims of price gouging, the maps further identify which states limit their price gouging laws to consumer products purchased for personal or household use.

Los Angeles County and 3Di Systems Partner to Release Anti-Price Gouging Solution in Record Time, Amid Coronavirus Pandemic

Retrieved on: 
Thursday, June 11, 2020

LOS ANGELES, June 11, 2020 /PRNewswire/ --3Di Systems ( 3disystems.com ), a national leader in community engagement solutions, announced the creation of an online and mobile anti-price gouging solution to help Los Angeles county residents continue to fight the coronavirus pandemic.

Key Points: 
  • LOS ANGELES, June 11, 2020 /PRNewswire/ --3Di Systems ( 3disystems.com ), a national leader in community engagement solutions, announced the creation of an online and mobile anti-price gouging solution to help Los Angeles county residents continue to fight the coronavirus pandemic.
  • "3Di was approached by the County of Los Angeles Department of Consumer and Business Affairs (DCBA) to discuss how we could help the community solve this problem," said Rajiv Desai, CEO of 3Di Systems.
  • If you believe you are a victim of price gouging in the Los Angeles County area, save your receipts and call (800) 593-8222 or file an online complaint .
  • 3Di Systems is a Los Angeles-based solutions and services company with almost two decades of experience providing award winning technology for the public sector.

3M Files Lawsuit Alleging N95 Price Gouging in New York City

Retrieved on: 
Friday, April 10, 2020

3M filed legal action today in federal court in New York City against Performance Supply LLC, alleging illegal price gouging and deceptive trade practices in the sales of N95 respirators that are critical in the fight against the COVID-19 outbreak.

Key Points: 
  • 3M filed legal action today in federal court in New York City against Performance Supply LLC, alleging illegal price gouging and deceptive trade practices in the sales of N95 respirators that are critical in the fight against the COVID-19 outbreak.
  • The New Jersey-based defendant, which falsely claimed a business affiliation with 3M, offered to sell $45 million in N95 respirators to New York City officials at prices 500-600% over 3Ms list price.
  • 3M does not and will not tolerate price gouging, fraud, deception, or other activities that unlawfully exploit the demand for critical 3M products during a pandemic, said Denise Rutherford, 3Ms Senior Vice President, Corporate Affairs.
  • The lawsuit is part of an extensive series of actions 3M has taken to address price gouging and counterfeiting activity related to its respirators.

Hand Sanitizer Price Gouging Gets E-Commerce Store Shut Down

Retrieved on: 
Friday, April 3, 2020

The e-commerce store was soon shut down and banned by Facebook for "taking advantage of a crisis" after thousands flagged and reported the post for price gouging.

Key Points: 
  • The e-commerce store was soon shut down and banned by Facebook for "taking advantage of a crisis" after thousands flagged and reported the post for price gouging.
  • Suddenly, we're being accused of price gouging and being told we're terrible for trying to take advantage of people, all because we sell our hand sanitizer for $9.99," said Zamo.
  • Honestly, selling our sanitizer for the current price is barely covering production cost, we just wanted to make it available because we know it's hard to find.
  • Last week it was officially made illegal to price gouge during the current pandemic, which is classified by raising a products price over 10%.Zamo commented, " We actually lowered the price of our hand sanitizer two weeks ago .

New York Law Firm Announces That It Is Helping People And Companies Falsely Accused Of Price Gouging On Amazon.com

Retrieved on: 
Wednesday, April 1, 2020

LONG BEACH, N.Y., April 1, 2020 /PRNewswire/ --Rosenbaum Famularo P. C., the law firm behind AmazonSellersLawyer.com , is helping people and companies that sell products on Amazon who have been are falsely accused of price gouging.

Key Points: 
  • LONG BEACH, N.Y., April 1, 2020 /PRNewswire/ --Rosenbaum Famularo P. C., the law firm behind AmazonSellersLawyer.com , is helping people and companies that sell products on Amazon who have been are falsely accused of price gouging.
  • Amazon itself has been accused of price gouging by numerous states' Attorney Generals.Price gouging is the artificial inflation of goods when the goods are needed most.The Coronavirus created high demand for certain products including disinfectants, gloves and masks.
  • CJ Rosenbaum's firm helps Amazon Sellers accused of price gouging by drafting responses to Amazon's accusations.
  • Rosenbaum Famularo, P.C.is a law firm dedicated to helping Amazon Sellers with offices located in Long Beach, New York and Shenzhen and Yiwu, China.

Retailers in Canada United in Condemning Price Gouging

Retrieved on: 
Saturday, March 28, 2020

TORONTO, March 28, 2020 /CNW/ - Retail Council of Canada (RCC) and our retail members stand together in denouncing unacceptable price gouging during the COVID-19 pandemic.

Key Points: 
  • TORONTO, March 28, 2020 /CNW/ - Retail Council of Canada (RCC) and our retail members stand together in denouncing unacceptable price gouging during the COVID-19 pandemic.
  • The Canadian retail community knows manufacturers, suppliers, and retailers are doing everything they can to keep prices in check.
  • Even though there is currently upward pressure on price as the Canadian dollar falls and increased costs are passed through the supply chain, we are united in supporting that price gouging is unacceptable.
  • Price gouging on essential products during times of crisis is a violation of that relationship" said Diane J. Brisebois, President & CEO of the Retail Council of Canada.

Coronavirus Alert: Price gouging is up

Retrieved on: 
Wednesday, March 18, 2020

ARLINGTON, Va., March 18, 2020 /PRNewswire/ -- Price gouging is up over the past week as communities across North America react to COVID-19 (coronavirus), according to the Better Business Bureau.

Key Points: 
  • ARLINGTON, Va., March 18, 2020 /PRNewswire/ -- Price gouging is up over the past week as communities across North America react to COVID-19 (coronavirus), according to the Better Business Bureau.
  • BBB has seen an increase in complaints from consumers about price gouging for critical items such as bottled water, hand sanitizer, face masks, and food supplies as "social distancing" restrictions go to effect in many locations.
  • Consumers are urged to report price gouging at BBB.org/AdTruth .
  • The BBB adapted it standards for marketplace trust to the coronavirus pandemic:
    Build TrustRefrain from taking unfair advantage of a public emergency such as the coronavirus situation.