The Price Gouging Prevention Act of 2024 aims to make it illegal to sell goods or services at inflated prices during emergencies, like natural disasters or power outages. It empowers the Federal Trade Commission (FTC) to take legal action against those who engage in price...
Simple Explanation
The Price Gouging Prevention Act of 2024 is like a rule that stops people from charging too much money for things when bad stuff happens, like big storms or when the lights go out. It gives a special group called the FTC money to make sure people follow this rule and be fair.