With prices stabilizing, Wisconsin ends ‘Abnormal Economic Disruption’ period

MADISON, Wis. (WKBT) – Companies are able to once again sell their products without restrictions on price gouging.

Price gouging is when a company raises prices higher than what is considered fair.

That usually happens when there is a high demand for a product during events like a natural disaster or emergency.

The pandemic created an unusual economic disruption.

Governor Tony Evers issued an executive order in March preventing businesses from price gouging and taking advantage of the pandemic

The Department of Agriculture, Trade and Consumer Protection has received more than 700 complaints related to the problem.

After the order ends consumers are asked to keep an eye on prices and wait for supplies to stabilize before buying certain products.

Comments

comments