Home Attorney TB Attorney General warns of Storm Henri price hikes

TB Attorney General warns of Storm Henri price hikes


Attorney General William Tong has warned Connecticut consumers to be vigilant for price hikes and price hikes as they stock up on emergency supplies due to Storm Henry.

Tong reminded residents and business owners that during states of emergency, price hikes are illegal and that include in-demand items such as generators and gas, according to a statement late Saturday.

“Price thieves take advantage of our fear. We are all worried about the loss of electricity for days, damage to our property and the health and safety of our loved ones, ”Tong said in the statement. “Don’t let these bad predatory actors take advantage of your panic. We will not tolerate profit from this emergency and all Connecticut consumers who see price increases should report it to my office immediately. “

Consumers are encouraged to file complaints of suspected price increases online via the website of the attorney general’s office, or by calling 860-808-5318, according to Tong.

Predatory pricing means raising the price of a retail item more than what could be justified in the normal course of fluctuations in the business market. However, not all price increases are price increases. When retailers are charged higher than normal prices from their suppliers and these retailers add a small markup on the products, this is not an example of a price increase.

The attorney general’s office can take action against price evaders and seek appropriate redress, including injunctions, restraining orders, restitution and civil financial penalties designed to deter future unscrupulous sales, according to Tong.

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