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State-level State of Emergency declarations activate "price gouging" statutes, which have almost no way of including a pulse oximeter. The price gouging statute
by vmception 7y ago
State-level State of Emergency declarations activate "price gouging" statutes, which have almost no way of including a pulse oximeter. The price gouging statutes are often codified to last 30 days, because if the state of emergency lasts longer than 30 days then something much much bigger must be occurring, something far outside the capabilities of that state. It looks like the legislatures were accurate.
There is no reason to pay attention to any price gouging idea or statute anymore. There is a market price and that's it.
If the state really wants to disrupt a market to alleviate cost pressures on their consumers, then they can subsidize over a particular price if it wishes.
There is no interstate price gouging statute so basically any online merchant can conform any price around a different state's price gouging statute. When you see the Federal Government saying they are investigating price gouging, it doesn't mean anything, the Feds just extend enforcement resources to help a state enforce state level laws, which often don't apply to anything that's actually happening.
When the state of emergency lasts forever you just have a market.