L.A. City Attorney Hydee Feldstein Soto said that a recent lawsuit against a New York-based landlord of high-end furnished apartments has emerged as her office’s biggest price-gouging case ...
L.A. City Attorney Hydee Feldstein Soto said that a recent lawsuit against a New York-based landlord of high-end furnished apartments has emerged as her office’s biggest price-gouging case following ...
On Tuesday, the county’s Board of Supervisors voted to increase the maximum civil penalty for anyone caught price gouging during the fire emergency from $10,000 to $50,000 per violation.
Not everyone thinks bigger fines will fix the problem. Chelsea Kirk, who tracks price gouging through a crowdsourced spreadsheet, points to weak enforcement. "We're in week four of the wildfire ...
And the five supervisors didn’t just leave it at that. They voted to increase the civil penalty for anyone caught price gouging during the fire emergency from $10,000 to $50,000 per violation.
Whenever a natural disaster occurs, public officials commonly enforce “anti-gouging” laws, a type of price control. The problem is, any price controls limit supplies, making shortages worse.