State Price-Gouging Law Now in Effect
A Kansas law that prohibits profiteering by raising prices on items consumers find necessary because of the COVID-19 virus outbreak is in effect statewide.
The law generally prohibits unjustifiably raising prices for goods and services for which consumer demand is likely to increase because of the virus outbreak. A price increase is presumed unjustified if it exceeds by 25 percent or more the price at which the goods or services were available on March 11 or the price for which the same goods or services are available from other sellers in the trade area.
Examples of consumer goods and services governed by the anti-profiteering law include, but are not limited to, food items, sanitary and cleaning supplies such as hand sanitizer and disinfecting wipes, emergency supplies, medical supplies and services, lodging, and any other property or service for which consumer demand may increase in response to the virus outbreak. The law carries a penalty of up to $10,000 per violation.
KPhA reminds pharmacy owners and managers that if they suspect any price-gouging measures happening in relation to their purchase of pharmaceutical products from wholesalers or other sources to please contact the Attorney General's Consumer Protection Division at www.InYourCornerKansas.org or call (800) 432-2310 to request a paper complaint form be sent by mail.