Price Gouging Weekly Round Up - October 26, 2020

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.

Virginia Passes Expansion of Price Gouging Law

On October 21, 2020, Virginia Governor Ralph Northam signed into law a revision to Virginia's Post-Disaster Anti-Price Gouging Act. As reported last week, prior to the revision, the Act's prohibition on selling necessary goods and services at an unconscionable price during a declared emergency did not extend to manufacturers and distributors unless it advertised to consumers. The newly passed revision expands the restrictions to certain manufacturers and distributors engaged in consumer transactions. However, it does not reach manufacturers or distributors of agricultural goods or services unless the manufacturer or distributor advertises such agricultural goods or services.