North Carolina Implements Price Gouging Law as Winter Storm Looms
Wilmington, North Carolina – In response to Governor Roy Cooper’s state of emergency declaration, Attorney General Josh Stein has implemented North Carolina’s price gouging law. This law aims to prevent businesses from unfairly raising the prices of goods or services during times of crisis. The governor declared the state of emergency in anticipation of severe weather conditions, including heavy rainfall, flash flooding, high winds, and tornado warnings. These conditions pose a risk of power outages due to downed power lines and fallen trees. Under the price gouging law, businesses are allowed to increase prices to … Read more