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ARTICLE · 11 AUGUST 2020

Price Gouging Weekly Round Up - August 10, 2020

Proskauer Rose LLP
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Price gouging enforcement and litigation is front and center for company counsel and business managers nationwide.

United StatesAntitrust/Competition Law

Price gouging enforcement and litigation is front and center for company counsel and business managers nationwide. Our weekly round up highlights some of the most relevant news and information to our clients and friends.

Defense Production Act Price Gouging Enforcement

Federal prosecutors announced on August 6, 2020 that a Georgia businessman has been charged with hoarding and price gouging in violation of the Defense Production Act of 1950 (DPA). The businessman "allegedly saw the unprecedented COVID-19 global pandemic as an opportunity to make a profit," said U.S. Attorney Byung J. Pak. "Desperate to find personal protective equipment during the pandemic, thousands of customers unfortunately paid his inflated prices." According to Chris Hacker, Special Agent in Charge of FBI Atlanta, "Using the resources of all of our federal partners, we are making every effort to pursue anyone who tries to take advantage of citizens during this global pandemic." From March

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