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ARTICLE · 25 AUGUST 2020

Price Gouging Weekly Round Up - August 24, 2020

Proskauer Rose LLP
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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...

United StatesConsumer Protection
Christopher Ondeck
Christopher Ondeck
John Ingrassia
John Ingrassia
Kelly Landers Hawthorne
Kelly Landers Hawthorne
Nathaniel Miller
Nathaniel Miller
Nicollette R. Moser
Nicollette R. Moser
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 to our clients and friends.

Department of Justice Settles Price Gouging Allegations with Two New Jersey Companies

On August 14, 2020, the Department of Justice announced that two New Jersey companies had entered into agreements to resolve allegations that the companies violated the Defense Production Act of 1950 for price gouging personal protective equipment. The agreements arise out of the April 2020 seizure of over 11 million items of PPE. The companies have agreed to disgorge $400,000 in profits relating to transactions with two customers who purchased PPE at excessive prices. According to U.S. Attorney Craig Carpenito, "[t]he defendants in this case sought to profit illegally from a pandemic just as it was starting to sweep across the country. Today's agreements will

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