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Nothing is stopping you from selling these supplies at inflated prices. There is no market failure here.
by sixothree 7y ago
Nothing is stopping you from selling these supplies at inflated prices. There is no market failure here.
- nullc 7y agoCalifornia PC396 "prohibits raising the price of many consumer goods and services by more than 10% after an emergency has been declared", sayth the internets. Many other states have similar gouging rules. https://www.vvng.com/sb-district-attorneys-office-warns-about-coronavirus-and-price-gouging/ https://www.vvng.com/sb-district-attorneys-office-warns-abou... (I don't think I'm opposed to the existence of such laws, but I think the issue is complicated.)