Controllers on the lookout for price gouging

GREAT BAY – Controllers from the Department of Economic Affairs have been dispatched to investigate reported cases of price gouging, inspired by the approach of Hurricane Irma.

Minister Mellissa Arrindell-Doncher (Tourism and Economic Affairs) warned businesses in a press statement against these practices.

Controllers were on the road all weekend and they will also be active until after the storm passes. “If a business is found to have increased its prices the proper measures under the law will be taken,” the press release states without specifying what those measures would be.

“Price gouging is a term referring to when a seller spikes the prices of goods, services or commodities to a level much higher than is considered reasonable or fair, and is considered exploitative, potentially to an unethical extent,” the ministry explains in its statement.

Source: TODAY