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ARTICLE · 14 JUNE 2021

Price Gouging Weekly Round Up - June 1, 2021

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
Christopher Ondeck
Christopher Ondeck
John Ingrassia
John Ingrassia
Kelly Landers Hawthorne
Kelly Landers Hawthorne
Shannon D. McGowan
Shannon D. McGowan
Nathaniel Miller
Nathaniel Miller
Jennifer E. Tarr
Jennifer E. Tarr
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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 for our clients and friends.

South Carolina Lifts Pricing Restrictions Related to Gasoline

On May 27, 2021, South Carolina Attorney General announced the expiration of the office's notice of an "abnormal disruption of the market." This notice, first issued May 11 in response to the ransomware attack on the Colonial Pipeline, triggered certain elements of South Carolina's anti-price gouging statute. Violators of the price gouging statute could face a $1,000 fine and/or 30 days in jail. The Attorney General noted that "with Memorial Day coming up and the gas price increases we see every summer, people need to keep in mind that those increases are normal."

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