Attorney General candidate Eric Schneiderman at AG debate at WNYC on Sept. 8, 2010.
New York's attorney general Eric Schneiderman talks about how to avoid scams and price gouging after the storm.
The Halloween costumes that I purchased the day of Halloween were marked up more than 200% in most cases.
The batteries, flashlights and candles I purchased from the local hardware store were marked up roughly 25%.
how about some regulation down at the Halloween costume shop?
I have no problem with AG going after yellow cabs or other price regulated industries, when they gouge.
If the state wants to include some staples (milk, flour, bread)for price protection, fine with me but I'm a bit weary of govt telling private businesses what they can charge their customers. As vile as it is to gouge - sliced pizza and buffets are prepared foods.
If you live in Park Slope and you didn't have a flashlight, or the suburbs and you did not have a generator - before Sandy, then you should expect to be left to the devices of the market.
There should be no such thing as price guging defined by any level of government. It is so easy to say you support this kind of government intervention, but realy, it's counterproductive.
It's hard to convince a nation of people who have be taught to take advantage of every opportunity, not to gouge in a crisis. It goes against the free market ethos: If there's a demand, then prices go up. It's yet another reason to abandon this horrible theory in favor of something more humane before we eat each other alive and plunge the country into every man for himself.
I predict that in the coming months landlords will be gouging on rental property prices as so many people will be flooding the rental market. Sadly, I suspect that the price gouging laws will not apply to rental properties.
NJ defined it as can't increase by more than 10%:http://www.nj.gov/oag/newsreleases12/pr20121030a.html
We may be out of gas in all Westchester county.Define price gouging. 25% is OK but 50% is too high? Too nebulous.
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