New York Attorney General Letitia James has issued a warning to businesses regarding price gouging as a significant snowstorm impacts Western New York. A state of emergency has been declared in several counties, including Allegany, Erie, and Cattaraugus, due to the heavy snowfall. The state's price gouging law is designed to prevent businesses from exploiting consumers by inflating prices on essential goods and services during emergencies.
Attorney General James emphasized the importance of fair pricing during this period: “As New Yorkers face heavy snow and dangerous conditions during one of the busiest travel weekends of the year, they should be able to get the supplies they need to stay safe without businesses jacking up prices,” she stated. She urged residents to report any incidents of price gouging to her office. “I encourage everyone to look out for price gouging and report issues to my office. Charging excessive prices for essential goods and services during an emergency is illegal and puts New Yorkers at risk.”
The law prohibits vendors from selling vital goods or services at unreasonably high prices during market disruptions or emergencies. It applies across New York State, covering items necessary for public health and safety such as food, water, gasoline, generators, batteries, flashlights, hotel lodging, and transportation.
Consumers are advised to document instances of price increases by noting specific details like dates and locations. They should also keep sales receipts and take photos if possible. Violations can result in penalties up to $25,000 per infraction. Reports can be submitted online or via phone at 800-771-7755.